M&A Deal Summary

Genex Acquires Objective Medical Assessments

On August 31, 2016, Genex acquired information services company Objective Medical Assessments

Acquisition Highlights
  • This is Genex’s 1st transaction in the Information Services sector.
  • This is Genex’s 6th transaction in the United States.
  • This is Genex’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-08-31
Target Objective Medical Assessments
Sector Information Services
Buyer(s) Genex
Deal Type Add-on Acquisition
Advisor(s) Foghorn Capital (Financial)

Target

Objective Medical Assessments

Seattle, Washington, United States
Objective Medical Assessments Corp. is a provider of quality medical information for claims-related decisions; contributing to the ethical practice of medicine; and treating each examinee with courtesy and respect.

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Buyer(S) 1

Buyer

Genex

Wayne, Pennsylvania, United States
Category Company
Founded 1978
Sector Insurance
DESCRIPTION

Genex is the trusted provider of managed care services enabling clients to transform their bottom lines while enhancing the lives of injured and disabled workers. The company serves the top underwriters of workers’ compensation, automobile, disability insurance, third-party administrators, and a significant number of Fortune 500 employers. In addition, Genex is the only company that delivers high-quality clinical services enhanced by intelligent systems and 360-degree data analysis. The company consistently drives superior results related to medical, wage loss, and productivity costs associated with claims in the workers’ compensation, disability, automobile, and health care systems. Genex was formed in 1978 and is based in Wayne, Pennsylvania.

DEAL STATS #
Overall 6 of 11
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 6 of 9
State (Washington) 1 of 1
Country (United States) 6 of 11
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 Med-Eval

Sterling, Virginia, United States

Med-Eval LLC is a provider of medical evaluative services and discounted medical imaging for the workers’ compensation, automobile, general liability, and non-occupational disability claims industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Exam Coordinators Network

Boca Raton, Florida, United States

Exam Coordinators Network is a provider of services to assist clients in managing the cost of medical claims and cases. ECN procure and provide quality independent medical examinations, medical record and radiology reviews, FCE’s, Return-to-Work, and Fitness for Duty examinations, FMLA and ADA reviews from our nationwide network of experienced medical experts in all medical specialties and allied health professions.

Buy -
Mergr

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Company

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