The Advocator Group (Brown & Brown) Acquires MEDVAL, LLC

Cobalt Ventures Acquires MEDVAL

April 14, 2016

Healthcare Services

Cobalt Ventures, the for-profit holding company for subsidiaries of Blue Cross & Blue Shield of Kansas City, has acquired MEDVAL, a provider of Medicare Secondary Payer (MSP) compliance and Medicare Set-Aside services. MEDVAL will join Cobalt's CompAlliance brand to expand managed care and MSP compliance capabilities for workers' compensation and liability insurance clients across the U.S.

MedData Acquires RevClaims, LLC

March 1, 2021

Healthcare Services

MedData, a portfolio company of Edgewater Growth Capital Partners IV, has acquired RevClaims, LLC, a specialist in complex claims revenue cycle management including third-party liability, workers' compensation and Veterans Administration claims recovery. The add-on expands MedData’s capabilities in complex claims recovery as it pursues niche RCM acquisitions to broaden its service offering and geographic presence.

Covenant Multifamily Offices Acquires One Advocate Group

January 1, 2021

Financial Services

Covenant Multifamily Offices, LLC completed the acquisition of One Advocate Group, a San Antonio-based financial planning and investment advisory firm, effective January 1. One Advocate Group's founder Tommy Oliphint will join Covenant as a Senior Family Wealth Advisor, bringing five team members and approximately 150 clients and helping Covenant oversee about $2.3 billion in assets under management.

Angeion Group Acquires MedQuest Ltd

February 26, 2026

Legal Services

Angeion Group has acquired MedQuest Ltd, a legal services firm that provides litigation-ready work products such as life care plans, future medical cost projections, and medical record reviews to support personal injury and medical malpractice matters. The acquisition expands Angeion's single-event personal injury capabilities and is the fourth add-on to the Angeion platform since Renovus Capital Partners' 2024 majority investment.

MVB Financial Corp. Acquires Paladin Group

April 17, 2020

Cybersecurity

MVB Financial Corp. (through a wholly-owned subsidiary of MVB Bank) has acquired Paladin, LLC, a fraud prevention and consulting firm. The acquisition strengthens MVB's fintech vertical and expands its fraud-prevention capabilities and services for merchants, credit agencies and fintech clients.

MyPlanAdvocate Acquires Eversurance from EverQuote

August 1, 2023

Insurance

MyPlanAdvocate (an AdirVentures portfolio company) has acquired Eversurance (formerly Crosspointe), a subsidiary of EverQuote, enabling MPA to expand into the under-65 health insurance market. The transaction transfers Eversurance's consumer-facing insurance brokerage capabilities and staff to MPA and supports growth beyond MPA's Medicare-focused business.