M&A Deal Summary

BCS Financial Acquires Medical Risk Managers

On October 6, 2020, BCS Financial acquired insurance company Medical Risk Managers

Acquisition Highlights
  • This is BCS Financial’s 1st transaction in the Insurance sector.
  • This is BCS Financial’s 1st transaction in the United States.
  • This is BCS Financial’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2020-10-06
Target Medical Risk Managers
Sector Insurance
Buyer(s) BCS Financial
Deal Type Add-on Acquisition

Target

Medical Risk Managers

South Windsor, Connecticut, United States
Medical Risk Managers, Inc. is a provider of Stop Loss pricing and underwriting services. Medical Risk Managers is based in South Windsor, Connecticut.

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Buyer(S) 1

Buyer

BCS Financial

Oakbrook Terrace, Illinois, United States

Category Company
Sector Insurance
DESCRIPTION

BCS Financial Corp. is a provider of wide-range of insurance and financial solutions primarily designed for Blue Cross and Blue Shield organizations and their customers nationwide. BCS Financial is based in Oakbrook Terrace, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1