Genex Services, LLC
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Genex Services, LLC - overview
Established
1978
Location
Wayne, PA, US
Primary Industry
Insurance
About
Based in Pennsylvania, US, and founded in 1978, Genex Services, LLC operates as an insurance and services company providing managed care services such as medical cost containment and disability management to the workers' compensation, disability, and auto industries. In September 2018, Mitchell International, Inc. , a portfolio company of Stone Point Capital agreed to merge with Genex Services, LLC, a portfolio company of Stone Point Capital. The company primarily helps injured employees with medical management and information management services while reducing total claim costs.
The company manages employee injury solutions such as alternative transitional duty, clinicalcare2, telephonic case management, catastrophic injury management, crisis response, etc. , and through independent medical exams, IME peer review, functional capacity exams, etc. Genex Services also helps injured employees navigate claims, manages disability, absence, and social security disability management, bill review, independent medical examinations, etc.
Current Investors
Mitchell International, Inc.
Primary Industry
Insurance
Sub Industries
Claims Administration & Processing, Commercial Insurance, Insurance Intermediaries
Company Stage
Merged
Total Amount Raised
Subscriber access only
Genex Services, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Priority Care Solutions, LLC | - | ||||||||
| Merger | Completed | Genex Services, LLC | - | ||||||||
| Secondary Buyout | Completed | Genex Services, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | PRIUM | - | ||||||||
| Add-on | Completed | Exam Coordinators Network | - |
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