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Knox Lane Acquires Cross Country Healthcare

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Knox Lane, a private‑equity firm, completed its acquisition of Cross Country Healthcare, a technology‑enabled workforce solutions provider based in Boca Raton. The deal closed with the transfer of ownership and the appointment of new leadership for the company.

In the transaction, Joel Tremblay was named Chief Executive Officer. Tremblay, formerly president of Medical Solutions, will steer the company’s growth. Co‑founder, CEO and chairman Kevin C. Clark will step down from all leadership roles, ceding control to the new management team.

A key component of the sale is the transfer of Cross Country Healthcare’s locums division to All Star Healthcare Solutions, a portfolio company of Knox Lane. The move expands Knox Lane’s footprint in the health‑tech sector and consolidates its workforce‑solutions offerings.

Cross Country Healthcare operates across the United States, providing technology‑driven staffing for hospitals and clinics. The acquisition positions Knox Lane to accelerate its growth strategy while giving the company a stronger platform for delivering innovative health‑care workforce solutions.