Nixon & Company Inc.
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Nixon & Company Inc. - overview
Established
1976
Location
St. Louis, MO, US
Primary Industry
Insurance
About
Nixon & Company Inc. is a claims management firm specializing in comprehensive solutions for the insurance and corporate sectors in North America. They focus on large and complex claims, leveraging expert teams for effective resolution. Nixon & Company Inc.
provides claims management services, headquartered in St. Louis, US. Founded in 1976, the company was acquired by SCM Insurance Services in May 2017. No significant pivots in business strategy have been noted during its operational history.
Nixon & Company Inc. offers full-service claims management solutions tailored for North America's insurance and corporate sectors. The company specializes in managing both large and complex commercial and residential claims, leveraging a multi-disciplinary team of professional adjusters with extensive industry experience. Their core product offerings encompass a range of claims adjusting services, including automobile, property, casualty, and liability claims handling, as well as litigation preparation through mediation and legal counsel.
Additionally, Nixon & Company Inc. provides specialized services focusing on unique risks associated with transportation, cargo, and marine, serving a diverse client base across the United States and Canada. Nixon & Company Inc. generates revenue through a structured model encompassing direct service fees for claims management and adjusting services.
The company primarily engages in B2B transactions, providing tailored solutions to insurance firms and corporate entities that require efficient claims processing. Revenue is derived from specialized claims services, typically through agreements for comprehensive claims management or specific service offerings. These arrangements often involve fixed fees or performance-based pricing structures, making the company a key player in the claims management industry. Following its acquisition in May 2017, Nixon & Company Inc.
aims to enhance its market reach and expand its service offerings. The company is exploring the development of new products tailored for emerging market needs, with potential launch dates anticipated in the upcoming years. Nixon & Company Inc. also plans to penetrate new geographic regions, specifically targeting markets in the southern United States and Canada by 2025.
Funding from previous rounds will be utilized to support these initiatives, strengthening their operational capabilities and market presence.
Current Investors
SCM Insurance Services Inc.
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.nixonandco.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Nixon & Company Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Nixon & Company Inc. | - |
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