Cross Country Healthcare Acquired by Knox Lane | Healthcare M&A Deal

Knox Lane has completed the acquisition of Cross Country Healthcare, a healthcare services other business in the United States, for $437 million. Cross Country Healthcare provides travel nursing, temporary physician staffing, and school professional staffing, supported by workforce management technology for healthcare providers. The Knox Lane acquisitions strategy targets healthcare services other capabilities in healthcare M&A, with Cross Country’s contract labor platform based in the U.S. The going private acquisition values the company at $13.25 per share, a 31% premium, and is expected to close in the third quarter subject to regulatory approval.