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New Deal


Announced

Completed

GTCR completed the acquisition of Global Claims Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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insurance technology

Majority

Single Bidder

Private Equity

Friendly

Domestic

Private

Full Line Insurance

Completed

United States

Acquisition

Synopsis

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GTCR, a private equity firm, completed the acquisition of Global Claims Services, an insurance technology company that leverages its proprietary databases and custom applications to provide critical cost containment solutions to the P&C insurance industry. Financial terms were not disclosed. "Bob and the GCS team have developed and scaled a number of unique technologies that have become mission critical tools in the insurance industry. We look forward to being partners with the GCS team and accelerating their growth through acquisitions," Aaron Cohen, GTCR Managing Director.

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