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All Star Healthcare Solutions Acquires Cross Country Locums

PRIVATEJul 28, 202612 days ago

Acquiring Company

All Star Healthcare Solutions

Acquired Company

CROSS COUNTRY HEALTHCARE

Deerfield BeachBoca RatonHealth CareHealthcareHealth Care

Description

All Star Healthcare Solutions has completed the acquisition of the locums division of Cross Country Healthcare. This deal enhances All Star's capabilities and expands its market reach. The business will operate as 'Cross Country Locums — an All Star Healthcare Solutions company.' The transaction is part of a broader strategy to improve staffing solutions for healthcare professionals.

Company Information

Company

All Star Healthcare Solutions

Location

Deerfield Beach, Florida, United States

About

All Star Healthcare Solutions® is repeatedly recognized for its outstanding workplace culture and is one of the largest healthcare staffing companies in the country. Founded in 2003 and based in Deerfield Beach, Fla., the company places physicians and advanced practitioners on locum tenens (i.e., temporary) assignments and in direct-hire positions at hospitals, health systems, medical practices, clinics, and other healthcare facilities throughout the United States, delivering exceptional care to patients who might otherwise go without it. SOURCE All Star Healthcare Solutions

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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