Hangley Aronchick Shareholders Jack Kenney and Michele Sacks Fenkel recently advised Genex Services, LLC on its acquisition by Stone Point Capital LLC from Apax Partners. Genex is a leading provider of cost containment services to the workers’ compensation, disability and auto industries.
Since its founding in 1978, Genex has become one of the largest and most experienced medical cost containment and disability management providers today. Genex offers a range of services including utilization management, case management, bill review, independent medical examinations, Medicare Set-Asides, and Social Security Disability Insurance representation.
“We are excited to partner with Stone Point,” said Peter Madeja, Genex’s President and Chief Executive Officer. “Genex is a well-established leader in workers’ compensation, auto, and disability management solutions. Our partnership with Apax Partners allowed us to significantly expand our portfolio of solution offerings across the continuum of managed care. We believe that Stone Point’s commitment to continue to grow and enhance Genex’s capabilities will further enrich the value proposition we offer to customers through the depth and breadth of resources we bring to the market.”
