Cadex Solutions Corporation acquires Insurance Recovery Group (IRG) to strengthen insurance subrogation capabilities
Acquiring Company
Cadex Solutions Corporation
Acquired Company
Insurance Recovery Group (IRG)
New YorkMarlboroughFinancial ServicesEmployee BenefitsInsuranceDescription
Cadex Solutions Corporation, in partnership with Trivest Partners LP, has successfully completed the acquisition of Insurance Recovery Group (IRG) and its subsidiary, Insurance Subrogation Group (ISG). This strategic move expands upon Cadex’s foundational insurance subrogation capabilities and reinforces its commitment to being a premier provider of commercial order-to-cash management solutions.
Quick answer
Cadex Solutions Corporation is acquiring Insurance Recovery Group (IRG), announced November 12, 2024. Cadex Solutions Corporation is based in New York, New York, United States.
- How much did Cadex Solutions Corporation pay for Insurance Recovery Group (IRG)?
- The deal value was not disclosed.
- What does Cadex Solutions Corporation do?
- Cadex Solutions Corporation is building the premier provider of commercial order-to-cash management solutions.
- Where are Cadex Solutions Corporation and Insurance Recovery Group (IRG) based?
- Cadex Solutions Corporation is based in New York, New York, United States. Insurance Recovery Group (IRG) is based in Marlborough, Massachusetts, United States.
- Who are the decision-makers at Cadex Solutions Corporation?
- Fundz holds 2 contacts at Cadex Solutions Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Hub International Limited acquires ANCO Insurance Managers, Inc. to strengthen insurance solutions in Texas (November 11, 2024)
- Brown & Brown (Europe) Limited completes acquisition of Drewberry Limited to enhance employee benefits solutions (December 4, 2024)
- Republic Financial completes acquisition of SLP Financial, expanding product portfolio with mortgage protection services (October 9, 2024)
- Aviva to acquire Direct Line in £3.7 billion deal to create a leading UK Personal Lines franchise, $4.8B (December 23, 2024)
- Hub International Limited acquires Great Basin Insurance, Inc. to enhance commercial insurance capabilities (December 17, 2024)
- King Risk Partners completes acquisition of Talbert Insurance Services to expand Georgia footprint (December 17, 2024)
Who to call at Cadex Solutions Corporation, and when
When Cadex Solutions Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Insurance Recovery Group (IRG)?
Insurance Recovery Group (IRG) was acquired by Cadex Solutions Corporation, based in New York. The deal was reported on November 12, 2024. Cadex Solutions Corporation is building the premier provider of commercial order-to-cash management solutions. Cadex Solutions Corporation is privately held.
When did Cadex Solutions Corporation acquire Insurance Recovery Group (IRG)?
Cadex Solutions Corporation's acquisition of Insurance Recovery Group (IRG) was reported on November 12, 2024. Cadex Solutions Corporation, in partnership with Trivest Partners LP, has successfully completed the acquisition of Insurance Recovery Group (IRG) and its subsidiary, Insurance Subrogation Group (ISG). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Insurance Recovery Group (IRG) do?
Insurance Recovery Group (IRG) is a national insurance subrogation leader, founded in 1994 and headquartered in Marlborough, MA. It is privately held, operating in Financial Services, and is based in Marlborough.
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