Today’s issue of WorkCompRecap continues on the beginning of the year M&A streak with Genex’s announcement of its acquisition of Exam Coordinators Network, an established provider of independent medical examinations and peer review services for the non-occupational disability, automobile and workers’ comp markets.
Genex noted that ECN was a valuable addition to its expanding national independent examination services division, which has seen several strategic acquisitions as part of its growth strategy, including its purchase of Objective Medical Assessments Corp back in September. ECN noted that it was looking for a strong partner, and will leverage Genex’s financial stability and leadership position in the industry. Bailey Southwell & Co. served as the exclusive strategic and financial advisor to ECN on the transaction.
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