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  5. BrightClaim Acquires ServiceLane

M&A Deal Summary

BrightClaim Acquires ServiceLane

On March 27, 2006, BrightClaim acquired insurance company ServiceLane

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

M&A Deal Summary
Date 2006-03-27
Target ServiceLane
Sector Insurance
Buyer(s) BrightClaim
Deal Type Add-on Acquisition

Target

ServiceLane

United States
ServiceLane, a firm focused on providing large service organizations with business process outsourcing and technology facilitation. The firm provides integrated claims solutions, including networks of credentialed service providers; centralized claim administration, adjudication and management; property contents claim adjudication and management; and inspection services.

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Buyer(S) 1

Buyer

BrightClaim

Atlanta, Georgia, United States
Category Company
Founded 2004
Sector Insurance
DESCRIPTION

BrightClaim LLC is a national provider of outsourced insurance property claims services. BrightClaim provides insurance carriers with a suite of services for managing daily and catastrophe claims, including claims adjusting, TPA services, and contents pricing services. BrightClaim LLC was established in 2004 and is headquartered in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1
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