M&A Deal Summary

VeriClaim Acquires Farrell & Associates Insurance Claims Services

On April 25, 2016, VeriClaim acquired insurance company Farrell & Associates Insurance Claims Services

Acquisition Highlights
  • This is VeriClaim’s 5th transaction in the Insurance sector.
  • This is VeriClaim’s 8th transaction in the United States.
  • This is VeriClaim’s 1st transaction in Oregon.

M&A Deal Summary
Date 2016-04-25
Target Farrell & Associates Insurance Claims Services
Sector Insurance
Buyer(s) VeriClaim
Deal Type Add-on Acquisition

Target

Farrell & Associates Insurance Claims Services

Lake Oswego, Oregon, United States
Farrell & Associates Insurance Claims Services, Inc. is an independent claims management and investigative firm serving the specialized needs of insurance carriers, public entities, defense attorneys and self-insured companies in the Pacific Northwest.

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Buyer(S) 1

Buyer

VeriClaim

Naperville, Illinois, United States
Category Company
Founded 1790
Sector Insurance
DESCRIPTION

VeriClaim, Inc. is a provider of outsourced insurance claims services along three primary lines of business: commercial property claims adjusting, marine cargo claims services and claims management services.

DEAL STATS #
Overall 9 of 12
Sector (Insurance) 5 of 8
Type (Add-on Acquisition) 8 of 10
State (Oregon) 1 of 1
Country (United States) 8 of 10
Year (2016) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-23 BPO Technical Services

Katy, Texas, United States

BPO Technical Services LLC is a professional loss adjusting company with specialized expertise in agricultural losses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 DIAMOND Property Loss Solutions

Elk Grove Village, Illinois, United States

DIAMOND Property Loss Solutions is a claims and service provider management to insurance carriers across north america, offering a one-stop solution for securing high-quality repairs for property damage and restoration work.

Buy -
Mergr

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