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Cross Country Healthcare Completes Asset Acquisition Of Workforce Solutions Group, Inc. And Secures New $100 Million Financing

TAKEN PRIVATEJun 08, 2021

Amount Raised

$100 Million

Round Type

Funding Round

Boca RatonHealthcareHealth Care

Description

Cross Country Healthcare, Inc., (NASDAQ: CCRN), a leading provider of advisory and workforce solutions, including contingent staffing, permanent placement, and other consultative services for healthcare clients, today announced the asset acquisition of Workforce Solutions Group, Inc. (WSG), effective June 8, 2021. Based in California, WSG primarily works with local and national healthcare plans and managed care providers to coordinate in-home care services for participants. WSG also provides a range of consulting and talent management solutions to its healthcare clients, including home care staffing, recruitment process outsourcing, contingent workforce evaluation, and talent acquisition.

Who else raised in Healthcare and Health Care around the same time

Companies in the same sectors as CROSS COUNTRY HEALTHCARE that raised within 45 days of this round, from Fundz verified event records.

  • Sensorium Therapeutics raised $27M on July 23, 2021.
  • Kandu Health™ raised $260M on July 22, 2021.
  • Brijjit Medical raised $4.8M (Seed) on July 21, 2021.
  • Kandu Health™ raised $42M on July 21, 2021.
  • Amylyx Pharmaceuticals raised $135M (Series C) on July 20, 2021.
  • Bryn Pharma raised $5.2M on July 20, 2021.

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Company Information

Company

CROSS COUNTRY HEALTHCARE

Location

Local 561

Boca Raton, Florida, United States

About

Cross Country Healthcare, Inc. (CCH) is a leading tech-enabled workforce solutions and advisory firm with 36 years of industry experience and insight. We solve complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care. As a multi-year Best of Staffing® award winner, we are committed to an exceptionally high level of service to our clients and our homecare, education, and clinical and non-clinical healthcare professionals. Our locum tenens line of business, Cross Country Locums, has been certified by the National Committee for Quality Assurance (NCQA), the leader in healthcare accreditation, since 2001. We are the first publicly traded staffing firm to obtain The Joint Commission Certification, which we still hold with a Letter of Distinction. Cross Country Healthcare is rated as the top staffing and recruiting employer for women by InHerSights, and Certified™ by Great Place to Work®. For two consecutive years, we have received the Top Workplaces USA award and were recently recognized as a recipient of the Top Workplaces Award for Innovation and Leadership by Energage. We have a history of investing in diversity, equality, and inclusion as a key component of the organization’s overall corporate social responsibility program, closely aligned with its core values to create a better future for its people, communities, and its stockholders. Copies of this and other news releases as well as additional information about Cross Country Healthcare can be obtained online at ir.crosscountryhealthcare.com. Stockholders and prospective investors can also register to automatically receive the Company's press releases, made with the Securities and Exchange Commission (SEC) filings and other notices by e-mail.

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CROSS COUNTRY HEALTHCARE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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