Bailey Southwell & Co. Advises Cobalt Ventures in its Sale of MEDVAL to Brown & Brown

March 21st, 2019 | BSC News Press Release

We are proud to announce that we served as exclusive financial advisor to Cobalt Ventures, the captive private equity subsidiary of Blue Cross and Blue Shield of Kansas, in its recent sale of MEDVAL to Brown & Brown, Inc.

Since 2003, MEDVAL has delivered industry-leading Medicare Secondary Payer  (“MSP”) compliance services to the workers’ compensation and liability insurance markets. With the combination of MEDVAL and Brown & Brown’s MSP compliance solutions, Brown & Brown will have stronger national coverage and more JD/RNs than any other MSP compliance provider, creating the most comprehensive solution in the marketplace.

 

Click here to view the official press release.

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Ben Bates

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