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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