M&A Deal Summary

QualCare Acquires Scibal Associates

On February 13, 2009, QualCare acquired insurance company Scibal Associates

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

M&A Deal Summary
Date 2009-02-13
Target Scibal Associates
Sector Insurance
Buyer(s) QualCare
Deal Type Add-on Acquisition

Target

Scibal Associates

Somers Point, New Jersey, United States
Scibal Associates, Inc. specializing in providing third party administrative services for property & casualty insurance.

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Buyer(S) 1

Buyer

QualCare

Piscataway Township, New Jersey, United States
Category Company
Sector Insurance
DESCRIPTION

QualCare, Inc. is a provider of health care coverage, provides the public and private marketplace with a higher-quality, lower-cost alternative to commercial insurance companies.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Mergr

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Company

Legal