Davies Acquires Premier Claims Management

Davies Acquires Disability Management Services (DMS)

January 7, 2021

Insurance

Davies, the London-based specialist professional services and technology firm, has acquired Disability Management Services, Inc. (DMS), a Springfield, Massachusetts–based third-party administrator specializing in individual disability claims. The deal adds roughly 180 specialists to Davies’ U.S. Life & Health claims capability and strengthens its claims administration offering; 7 Mile Advisors served as exclusive sell‑side advisor to DMS.

Davies Acquires TriPlus Services Inc

September 21, 2020

Insurance

Davies has acquired TriPlus Services Inc., a Massachusetts-based long-term care insurance third‑party administrator. The deal adds TriPlus’s claims, policy administration, actuarial and consulting capabilities to Davies’ US Claims Solutions business as part of Davies’ North American expansion plans; TriPlus CEO Peter Lucas will continue to lead the business and its 200+ employees will join Davies.

BC Partners Acquires Majority Stake in Davies

March 15, 2021

Professional Services

BC Partners has agreed to acquire a majority stake in Davies, valuing the London-based insurance services and technology business at about £1.2 billion including debt. Existing investors HGGC and Alberta Investment Management Corporation will retain minority stakes; BC Partners said it will support Davies' global expansion and further investment in digital transformation.

Colonial Claims Acquires Premier Adjusting and Catastrophe Services

February 3, 2021

Insurance

Colonial Claims LLC, a large independent insurance claims services firm, has acquired Tampa-area Premier Adjusting and Catastrophe Services, Inc. The deal expands Colonial's daily-claims capabilities and adds appraisal and TPA services while Premier's team (including co-owners Eileen O'Brien and Brian Auger) will continue serving customers from an Oldsmar, Florida office.

Davies Acquires Barker Claim Services

November 20, 2024

Insurance

Davies has acquired Barker Claim Services, an independent loss adjusting firm based in Greensboro, North Carolina, to strengthen its claims handling capabilities across Virginia, North Carolina, South Carolina and northeast Tennessee. Financial terms were not disclosed; the deal expands Davies' North American footprint and adds regional property, casualty and motor claims expertise to its insurance solutions offering.

Meduit Acquires Professional Claims Bureau from Family Ownership (PCB)

May 5, 2021

Healthcare Services

Meduit, LLC, a portfolio company of NexPhase Capital, has acquired Professional Claims Bureau, Inc. (PCB), a New York–based healthcare revenue cycle management provider. The deal expands Meduit's national RCM capabilities and scale, allowing PCB's team to offer broader technology-enabled revenue cycle services to its hospital and physician practice clients.