Add-on Acquisition • Insurance

BrightClaim Acquires ServiceLane

On March 27, 2006, BrightClaim acquired insurance company ServiceLane

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

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M&A Deal Summary

Date March 27, 2006
Target ServiceLane
Sector Insurance
Buyer(s) BrightClaim
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Insurance 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United States 1 of 1
Year: 2006 1 of 1