We are proud to announce we served as exclusive financial and strategic advisor to WorkCompEDI® and its affiliates in connection with its sale to Data Dimensions, a portfolio company of Thompson Street Capital Partners.
WorkCompEDI® is a leading electronic clearinghouse for the workers’ compensation, auto casualty, and personal injury markets. The Company specializes in bringing together Submitters, Receivers, and Vendors to promote the open exchange of EDI to accelerate revenue cycles, lower costs, and increase operational efficiencies.
“Bailey Southwell was an invaluable partner to our continued mission of uniting key stakeholders within the P&C industry,” commented Marc Menendez, President & CEO of WorkCompEDI®. “From the inception of our partnership, Bailey Southwell understood our vision and the nuances of the P&C market. They were instrumental throughout the execution of an aligned deal with another industry powerhouse, ensuring the combination as the next step toward achieving our goal of being a vessel for future innovative growth in P&C. I would strongly recommend Bailey Southwell for other organizations exploring strategic alternatives for their next phase of growth, especially those with a P&C focus.”