M&A Deal Summary

VeriClaim Acquires Mid-Texas Claim Service

On November 1, 2016, VeriClaim acquired insurance company Mid-Texas Claim Service

Acquisition Highlights
  • This is VeriClaim’s 8th transaction in the Insurance sector.
  • This is VeriClaim’s 10th transaction in the United States.
  • This is VeriClaim’s 4th transaction in Texas.

M&A Deal Summary
Date 2016-11-01
Target Mid-Texas Claim Service
Sector Insurance
Buyer(s) VeriClaim
Deal Type Add-on Acquisition

Target

Mid-Texas Claim Service

Temple, Texas, United States
website
Mid-Texas Claim Service, Inc. is an independent provider of all-lines insurance adjusting and appraisal services in central Texas.

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Buyer(S) 1

Buyer

VeriClaim

Naperville, Illinois, United States

website

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 12 of 12
Sector (Insurance) 8 of 8
Type (Add-on Acquisition) 10 of 10
State (Texas) 4 of 4
Country (United States) 10 of 10
Year (2016) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 RGM Claims Services

Mississauga, Ontario, Canada

RGM Claims Services, Inc. is an independent adjusting company, specializing in municipal, automobile, product and environmental liability, as well as property, casualty and cargo losses.

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