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ChoiceLegal Announces its Acquisition by ExamWorks

November 17, 2022 - WorkCompWire

Tampa, FL – ChoiceLegal recently announced that it has been acquired by ExamWorks, LLC.

Since entering the record retrieval market in 2009, Florida-based Choice Legal has demonstrated leadership in serving insurance carriers, law firms, TPAs, and self-insured employers. Differentiated by a high level of customer service, an experienced team, and a focus on quality, Choice Legal services liability, medical malpractice, and other insurance providers and law firms chiefly around the resolution of automotive, disability, liability, and workers’ compensation claims.

ExamWorks is a leading provider of independent medical examinations (IME), peer reviews, bill reviews, Medicare compliance, record retrieval, document management, and related services. The company helps clients manage costs and enhance their risk management processes by verifying the validity, nature, cause and extent of claims, identifying fraud and providing fast, efficient services. ExamWorks is a portfolio company of CVC Capital Partners.

The acquisition of Choice Legal aligns with the ExamWorks mission of delivering a national presence while maintaining local service support, preservation of vendor choice, and capabilities that customers need and expect.

ChoiceLegal will remain a stand-alone company in the ExamWorks family of companies.

Bailey & Company served as exclusive financial and strategic advisor to Choice Legal.

“After beginning a dialogue with the Bailey team as we were growing the company, we knew Bailey was the right advisor for us when we decided to consider a sale. Bailey leveraged its industry knowledge to run a targeted process involving the best partners for our company, which has resulted in a great home for our customers and employees. Bailey demonstrated an exceptional level of dedication to ensuring a successful result – we unquestionably would recommend them to business owners considering a sale.” said Paul Jessee, Founder & CEO, Choice Legal

Source: Choice Legal/Bailey & Co

Filed Under: Claims, Legal, & Compliance News, Industry News, Top Stories, Workers' Compensation

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