York Risk Services Group, a provider of claims administration and risk management services, has acquired American Claims Services Inc. (ACSI) based in Houston, Texas, and Destrehan, La.
John Bannon and Bill Johnson of ACSI will continue to lead the acquired business, York’s announcement said. The terms of the acquisition were not disclosed.
ACSI provides claims adjusting services primarily to the London market, as well as first response/medical management services 24/7 to the energy sector.
The acquisition is part of York’s initiative to expand the breadth of its specialized loss adjusting and medical cost containment services.
Chris Heckert, vice president of Generational Capital Markets was advisor to ACSI in this transaction.
Source: York Risk Services Group
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