Knox Lane completes $437 million Cross Country Healthcare take-private
The Boca Raton, Florida-based company provides healthcare organizations, schools and government agencies with staffing, advisory services and workforce technology, including its Intellify platform.
Takeaways
- Knox Lane completed the $437 million take-private first announced in May.
- Cross Country provides healthcare staffing, advisory and workforce technology solutions.
- Joel Tremblay was appointed chief executive at closing.
Knox Lane has completed its acquisition of Cross Country Healthcare, a Boca Raton, Florida-based healthcare workforce solutions provider, taking the company private for $13.25, or $437 million in total.
Cross Country serves hospitals, health systems, schools and government agencies, and its technology suite includes the Intellify workforce intelligence platform.
In connection with the closing, Cross Country's locums division was acquired by All Star Healthcare Solutions, another Knox Lane portfolio company.
Joel Tremblay was named chief executive, succeeding co-founder Kevin Clark, who is retiring from his leadership roles.
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