FreedomCare
Dowling Hales served as the exclusive financial advisor to Nevada based Self Insured Solutions and South Dakota based FreedomCare and their affiliates in their sale to Acrisure. The business is a leading independent program administrator of self-insured groups for worker's compensation insurance and self-insured healthcare plans. The worker's compensation business manages approximately $125 million of annual contributions from over 210,000 employees. On the healthcare plans side, it expands the company's offerings to self-funded employer's plans by forming and leveraging a segregated cell captive.
Target Company
FreedomCare
Acquirer Company
Acrisure, LLC
Acquisition Date
June 2017
Sector
Insurance
Acquisition Date
June 2017
Industry
Program Administrator
Region
USA
State of Acquired
NV
Map
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