Add-on Acquisition • Insurance

QualCare Acquires Scibal Associates

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date February 13, 2009
Target Scibal Associates
Sector Insurance
Buyer(s) QualCare
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
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