Announced
Financials
Tags
Single Bidder
Majority
United States
Completed
compensation management
Acquisition
cost-containment solutions
Business Process Outsourcing
Private
Friendly
Domestic
Private Equity
Synopsis
Stone Point-backed Mitchell | Genex, a provider of cost containment technology, clinical services, and disability management, completed the acquisition of Coventry Workers’ Comp Services, a provider of compensation, auto care-management and cost-containment solutions, from CVS Health, an American healthcare company. Financial terms were not disclosed. “Today Mitchell | Genex takes a major step in meeting our continuous objective of offering unparalleled services to our clients while producing better outcomes for injured parties. Both Mitchell | Genex and Coventry have a renowned history of delivering superior results. This combination builds on our cost containment technology and clinical service expertise in workers’ compensation and auto casualty and considerably expands our network offerings,” Peter Madeja, Genex Services President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.