Cross Country Healthcare Completes Acquisition Of Hireup Leadership Inc.
Dec 13, 2022•about 3 years ago
Acquiring Company
Cross Country Healthcare
Acquired Company
Hireup Leadership
Description
Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN), a market-leading tech-enabled workforce solutions platform and advisory firm, today announced the acquisition of Hireup Leadership Inc. (“Hireup”).
M&A Insights
Based on deal dataIntegration 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