George Hills, a California-based TPA offering claims adjusting services, has bolstered its regional footprint with the purchase of risk management firm RMS.
George Hills will absorb the assets and staff of RMS as part of the deal. Financial terms of the transaction were not divulged.
George Hills welcomed the deal, calling RMS a unique fit.
George Hills CEO John Chaquica said: “The RMS team knows our work, and their level of service and client support is a good match for us.
“They bring 25 years of experience to our 66 years of business operations. We expect continued growth throughout California while providing a very attentive level of service the big firms can’t provide.”
Headquartered in Sacramento, George Hills specialises in TPA service/claims management as well as JPA Management. The firm serves both public and private sectors through multiple branches across California.
RMS in Sonoma County mainly works with public entities. The business caters to the San Francisco Bay Area.
Commenting on the latest deal, Chaquica noted: “We are very excited about this acquisition to continue the dynamic growth of George Hills.
“We have greatly expanded market share throughout California, especially the southern California market, and now we continue strengthening our position in northern California.”