“With Aya, the combined entity will be even better positioned to achieve these goals in the future,” Clark said.
Legal and Financial Advisory Teams
The merger has been approved by Cross Country’s board of directors and is not subject to a financing condition.
- Cross Country Representation: Davis Polk & Wardwell LLP, with a team including corporate partners Oliver Smith and Brian Wolfe, executive compensation partner Jennifer S. Conway, tax partner William A. Curran, intellectual property partner Pritesh P. Shah, and antitrust and competition partner Howard Shelanski. BofA Securities Inc. is serving as financial adviser.
- Aya Representation: Procopio Cory Hargreaves & Savitch LLP.
Industry Impact
The merger creates a powerhouse in healthcare staffing and technology, promising enhanced services, expanded opportunities for clinicians, and operational efficiencies.
“This is a compelling next step for both companies as we bring together a complementary footprint and shared vision for the future,” Martins said.
