Workforce Solutions Group

Private | Sale to Cross Country Healthcare | Cross Country Healthcare

Provider of healthcare staffing and talent management solutions that works with local and national healthcare plans and managed care providers to coordinate in-home care services for participants.

Case

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Workforce Solutions Group (“WSG”) in its sale to Cross Country Healthcare, Inc. (NASDAQ:CCRN or “CCH”). Delancey Street Partners managed a competitive process and negotiated the terms of the transaction.

June 2021
Workforce Solutions Group, Inc.
Sale to Cross Country Healthcare
Sector: Healthcare / Staffing
Delancey Street Partners served as the exclusive financial advisor to Workforce Solutions Group, Inc.

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Workforce Solutions Group (“WSG”) in its sale to Cross Country Healthcare, Inc. (NASDAQ:CCRN or “CCH”). Delancey Street Partners managed a competitive process and negotiated the terms of the transaction.

About

June 2021
Workforce Solutions Group, Inc.
Sale to Cross Country Healthcare
Sector: Healthcare / Staffing
Delancey Street Partners served as the exclusive financial advisor to Workforce Solutions Group, Inc.

Situation

Workforce Solutions Group is a national provider of healthcare staffing and talent management solutions. 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.

WSG’s managed service offerings help healthcare facilities manage the complexities of sourcing, recruiting, and employing healthcare professionals to meet the needs of patients requiring care in the home or in the community versus going to a nursing home. WSG was founded in 2001 and is based in Lake Forest, California.

Cross Country Healthcare is a leading provider of total talent management including strategic workforce solutions, contingent staffing, permanent placement, and consultative services for healthcare customers. Leveraging its 35 years of industry expertise and insight, CCH solves complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Healthcare, Business & Technology Services, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.

Result

The transaction was completed June 8, 2021.
The principals of Delancey Street Partners have significant experience serving the Healthcare industry.

For additional information about this transaction, please contact:

Additional

Information

The transaction was completed June 8, 2021.
The principals of Delancey Street Partners have significant experience serving the Healthcare industry.

For additional information about this transaction, please contact:

William J. Filip

Managing Director Phone: (484) 533 – 6312

William J. Filip

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Steven D. Higgins

Managing Director Phone: (484) 533 – 6308

Steven D. Higgins

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