M&A Deal Summary

Genex Acquires Exam Coordinators Network

On February 1, 2017, Genex acquired insurance company Exam Coordinators Network

Acquisition Highlights
  • This is Genex’s 2nd transaction in the Insurance sector.
  • This is Genex’s 7th transaction in the United States.
  • This is Genex’s 1st transaction in Florida.

M&A Deal Summary

Date 2017-02-01
Target Exam Coordinators Network
Sector Insurance
Buyer(s) Genex
Deal Type Add-on Acquisition
Advisor(s) Bailey & Company (Financial)

Target

Exam Coordinators Network

Boca Raton, Florida, United States
Exam Coordinators Network is a provider of services to assist clients in managing the cost of medical claims and cases. ECN procure and provide quality independent medical examinations, medical record and radiology reviews, FCE’s, Return-to-Work, and Fitness for Duty examinations, FMLA and ADA reviews from our nationwide network of experienced medical experts in all medical specialties and allied health professions.

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Buyer(S) 1

Buyer

Genex

Wayne, Pennsylvania, United States

Category Company
Founded 1978
Sector Insurance
DESCRIPTION

Genex is the trusted provider of managed care services enabling clients to transform their bottom lines while enhancing the lives of injured and disabled workers. The company serves the top underwriters of workers’ compensation, automobile, disability insurance, third-party administrators, and a significant number of Fortune 500 employers. In addition, Genex is the only company that delivers high-quality clinical services enhanced by intelligent systems and 360-degree data analysis. The company consistently drives superior results related to medical, wage loss, and productivity costs associated with claims in the workers’ compensation, disability, automobile, and health care systems. Genex was formed in 1978 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 7 of 11
Sector: Insurance M&A 2 of 3
Type: Add-on Acquisition M&A Deals 7 of 9
State: Florida M&A 1 of 2
Country: United States M&A 7 of 11
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Objective Medical Assessments

Seattle, Washington, United States

Objective Medical Assessments Corp. is a provider of quality medical information for claims-related decisions; contributing to the ethical practice of medicine; and treating each examinee with courtesy and respect.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-31 PRIUM

Duluth, Georgia, United States

PRIUM is a provider of workers compensation medical peer review and legal utilization review services to improve injured worker health outcomes. PRIUM was established in 1987 and is based in Duluth, Georgia.

Buy -