M&A Deal Summary

SUNZ Insurance Acquires Ascential Care Partners

On June 5, 2018, SUNZ Insurance acquired healthcare services company Ascential Care Partners

Acquisition Highlights
  • This is SUNZ Insurance’s 1st transaction in the Healthcare Services sector.
  • This is SUNZ Insurance’s 2nd transaction in the United States.
  • This is SUNZ Insurance’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2018-06-05
Target Ascential Care Partners
Sector Healthcare Services
Buyer(s) SUNZ Insurance
Deal Type Add-on Acquisition

Target

Ascential Care Partners

Lexington, Kentucky, United States
Ascential Care Partners LLC is a provider of managed care services throughout the United States, specializing in catastrophic case management. Ascential Care Partners is based in Lexington, Kentucky.

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Buyer(S) 1

Buyer

SUNZ Insurance

Bradenton, Florida, United States
Category Company
Founded 2005
Sector Insurance
DESCRIPTION

SUNZ Insurance Co., Inc. is a workers’ compensation solutions provider primarily for Professional Employer Organizations and Staffing Companies. SUNZ Insurance was established in 2005 and is based in Bradenton, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Kentucky) 1 of 1
Country (United States) 2 of 2
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-30 Risk Management America

Oak Park, Illinois, United States

Risk Management America LLC is a risk consulting organization inspired to create safer work forces while protecting property and its contents. RMA consults with clients to promote wellness, work force safety, fleet safety, and marine services, as well as the sustainability of property and equipment.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 SUNZ Insurance - MGA Business and Related Entities

West Bradenton, Florida, United States

SUNZ Insurance business includes Managing General Agency (MGA) and Third-Party Administrator operations. The entities acquired as part of the transaction include Next Level Administrators, a third-party administrator; Watchpoint, a special investigation unit; Ascential Care partners, nurse case management and utilization review; Avalon, claims subrogation; and Accelevant Premium Audit.

Sell -
Mergr

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