Boston, MA – Helmsman Management Services, Liberty Mutual’s wholly owned third-party administrator, has announced a definitive agreement to acquire Eberle Vivian Inc., a regional third-party administrator serving the Pacific Northwest.
“Acquiring Eberle Vivian is the latest step in our ongoing journey to provide flexible service solutions that best meet the evolving needs of TPA buyers and brokers,” notes David Dwortz, President and Chief Executive Officer, HMS. “It strengthens our position in a key geography and in important industries, particularly aviation. It also brings a tremendously talented team that shares our focus on outstanding service.”
For Eberle Vivian, this development greatly enhances capabilities. “This is an exciting new chapter for our operations and our people,” notes Lisa Vivian, President, Eberle Vivian. “On the one hand, Eberle Vivian will continue providing the top-notch boutique service to our clients that we do today. At the same time, we will benefit from Helmsman’s expertise in areas like medical management, data analysis and customer support. Helmsman is also committed to our continued efforts assisting the self-insured community with jurisdictional reform and process changes, an important aspect of our services.”
The acquisition, which is subject to customary closing conditions, is expected to be completed in the fourth quarter of this year. Terms of the deal were not disclosed.