Cross Country Healthcare Acquired by KL Criss Cross Intermediate | Healthcare M&A Deal

KL Criss Cross Intermediate has agreed to acquire Cross Country Healthcare, a medical staffing business in Florida, for $13.25 per share. Cross Country Healthcare provides healthcare staffing services, supporting hospitals and healthcare providers with clinicians and allied professionals through medical staffing acquisition capabilities. The KL Criss Cross Intermediate acquisitions target demand for flexible staffing supply, aligning with healthcare M&A activity focused on staffing scale in FL acquisitions. The merger acquisition is structured as a private equity acquisition, with Cross Country Healthcare acquisition consideration reflecting an announced deal and a cash merger price of $13.25 per share, subject to customary conditions and appraisal rights under Delaware law.