Medical Card System - Ownership and Business Overview

InsuranceCompany

Medical Card System Ownership

Who owns Medical Card System?

Medical Card System is owned by Kinderhook Industries. It was acquired on January 4, 2022.

Is Medical Card System PE-backed?

Yes. Medical Card System is owned by private equity investor Kinderhook Industries.

Was Medical Card System formerly PE-backed?

Yes. Medical Card System was formerly owned by 2 private investors.

Medical Card System Business Overview

Where is Medical Card System headquartered?

Medical Card System is headquartered in Hato Rey, Puerto Rico.

What sector is Medical Card System in?

Medical Card System is an insurance company.

When was Medical Card System founded?

Medical Card System was founded in 1982.

Insurance M&A Summary in 2022

Out of 60 sectors in the Mergr database, insurance ranked 5 in number of deals in 2022. The largest insurance acquisition in 2022 was Alleghany - which was acquired by Berkshire Hathaway for $11.6B.

Join Mergr to view all 471 acquisitions of insurance companies in 2022, including 12 acquisitions by private equity firms, and 459 by strategics.

Medical Card System

Medical Card System, Inc.

MCS Plaza 255 Avenue Ponce de León Suite 1600,
Hato Rey, 00918
Puerto Rico,
(787) 758-2500
www.mcs.com.pr

Medical Card System provides commercial health insurance through its fully-insured and cost-plus business lines to some of the largest multi-national employers in Puerto Rico, such as Baxter, Pfizer, HP, Nestlé and Microsoft. Medical Card System was founded in 1982 and is based in Hato Rey, Puerto Rich.


Company Summary

SECTOR

Insurance

Established

1982

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Insurance Companies , Puerto Rico Companies

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