Investcorp and PSP Investments Recapitalize CrossCountry Consulting
December 6, 2022
Investcorp, together with Public Sector Pension Investment Board (PSP Investments), acquired a majority stake in CrossCountry Consulting in a recapitalization transaction; RLH Equity Partners reinvested and CrossCountry founders remain significant shareholders. The capital injection is intended to accelerate CrossCountry's geographic expansion, broaden service offerings (including technology-enabled advisory and cybersecurity), and support add-on acquisitions.
- Buyers
- Investcorp, Public Sector Pension Investment Board (PSP Investments)
- Targets
- CrossCountry Consulting
- Sellers
- RLH Equity Partners
- Industry
- Consulting
- Location
- Virginia, United States
- Transaction Type
- Recapitalization
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