M&A Deal Summary

Carrier & Technology Solutions Acquires Corporate Claims Management

On April 24, 2015, Carrier & Technology Solutions acquired insurance company Corporate Claims Management

Acquisition Highlights
  • This is Carrier & Technology Solutions’ 6th transaction in the Insurance sector.
  • This is Carrier & Technology Solutions’ 8th transaction in the United States.
  • This is Carrier & Technology Solutions’ 1st transaction in Missouri.

M&A Deal Summary

Date 2015-04-24
Target Corporate Claims Management
Sector Insurance
Buyer(s) Carrier & Technology Solutions
Deal Type Add-on Acquisition

Target

Corporate Claims Management

Chesterfield, Missouri, United States
Corporate Claims Management, Inc. is a provider of risk management community with custom-tailored, high-quality claims administration services and risk management information systems designed to the unique specfications of each of our clients.

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Buyer(S) 1

Buyer

Carrier & Technology Solutions

Fort Lauderdale, Florida, United States

Category Company
Founded 2003
Sector Business Services
Employees1,145
Revenue 210M USD (2015)
DESCRIPTION

Carrier & Technology Solutions (CTS) is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. CTS provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, and self-funded health plans to its insurance carrier clients, employers and other clients. CTS is headquartered in Fort Lauderdale, Florida.


DEAL STATS #
Overall 9 of 17
Sector (Insurance) 6 of 11
Type (Add-on Acquisition) 7 of 14
State (Missouri) 1 of 1
Country (United States) 8 of 15
Year (2015) 7 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 Mehta & Pazol Consulting Services Pvt.

Shivajinagar, India

Mehta & Pazol Consulting Services Pvt. Ltd. (MPCS) is provider of IT consulting services in india.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 Candid Investigation Services

Albuquerque, New Mexico, United States

Candid Investigation Services LLC is a full-service private investigation (PI) firm serving individuals, law firms, industry & government agencies.

Buy -