Largest U.S. Healthcare Staffing Company to Grow Further with New Acquisition
Largest U.S. Healthcare Staffing Company to Grow Further with New Acquisition
Kudos to client and software talent and staffing leader Aya Healthcare on its pending acquisition of Cross Country Healthcare (NASDAQ: CCRN). Aya is the largest healthcare and staffing resource company in the United States, and its approximately $615-million acquisition of Cross Country will further expand its ability to serve its wide range of clients. The deal is expected to close in the first half of 2025 following approval by Cross Country shareholders. The publicly traded company’s board voted unanimously to be acquired by the privately held Aya.
Procopio Managing Partner Dennis Doucette led the transaction on behalf of Aya, supported by Partner Trent Andrews and Associate Kaitlyn Jensen. Other corporate and tax attorneys assisted in the transaction. Procopio has managed seventeen acquisitions for Aya in recent years.
Said Aya President and CEO Alan Braynin of the acquisition of Cross Country:
“By combining our strengths, resources and unwavering commitment to delivering best-in-class talent solutions, we are uniquely positioned to offer enhanced value to our healthcare systems, schools, clinicians and non-clinical professionals. Aya and Cross Country will operate as separate brands, supporting each other’s clients with increased access to candidates while expanding assignment opportunities for clinicians.”
Aya is headquartered in San Diego, California, and Cross Country in Boca Raton, Florida. Cross Country Co-Founder and Chairman Kevin Clark will stay on as President and Chief Executive Officer of Cross Country as part of Aya.
Aya operates the world’s largest digital staffing platform, delivering every component of healthcare-focused labor services, including travel nursing and allied health, per diem, permanent staff hiring, interim leadership, locum tenens and non-clinical professionals. Learn more about Aya and this latest acquisition in their press release.
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