@Global developed software applications for the insurance industry. Its suite of products included solutions for claims management, care management, Medicare Set-Aside management, Medicare Mandatory Insurer Reporting, business intelligence, and medical bill review.
The Company was founded by a team of software entrepreneurs capitalized by individual investors. Due to strong demand for its products, the management team was desirous of finding a strategic partner to fund the long-term growth potential of the technology platform.
Carter Morse & Mathias provided financial advisory services to management in conjunction with the sale of the Company’s assets to Health Systems International (HSI), a leading provider of outsourced medical cost management solutions to health plan payors and provider networks around the world. HSI is a portfolio company of Great Point Partners, LLC, a private investment firm.