GEM acquires ChargeCare International

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Company brief

Canada’s Global Excel Management (GEM) has announced the acquisition of UK-based ChargeCare International Limited, effective from 7 April this year. Christiane Burniston, chairman, CEO and founder of ChargeCare International, said of the acquisition: “ChargeCare International has found the ideal partner in Global Excel. We are excited to combine our expertise in cost containment and management of medical claims in Europe with Global Excel’s strengths. This is the opportunity we have been looking for to realise our full growth potential and pursue together the development of intelligent integrated solutions for the industry.”

Reg Allatt, CEO of Global Excel, added: “Servicing our clients’ needs has always been our primary focus. What we’ve been hearing more and more is that our clients are looking for a wider international support but that they would like to continue to work within the Global Excel group. ChargeCare was a perfect fit for us. Both our organisations have the same values – a very strong client focus and dedicated knowledgeable employees. ChargeCare gives Global Excel a strong footprint in the UK and Europe – areas we’ve identified for expansion. Moving forward we will continue our strategy of expanding our range of services, our client base, as well as our geographic presence, through continued profitable organic growth and qualified acquisitions.”

A release from the GEM went on to say that over the next few months the goal of both management teams will be to continue providing the highest level of service to the companies’ respective clients, as well as focusing on identifying synergies which will bring added value to existing clients and allow the Global Excel group of companies to extend their service offering to new markets and clients.