Leif Associates, Inc. acquired by Rocky Mountain Health Plans
Fort Worth, TX (June 26, 2012) – BCMS Corporate is proud to announce the completion of Leif Associates, Inc., a health care actuarial consulting firm, by Rocky Mountain Health Plans (RMHP). BCMS Corporate served as the exclusive advisor to Leif Associates, Inc. The transaction was led by Andrew Wood and supported by Christy Helm out of the Fort Worth, Texas office. Kendall, Koenig & Oelsner PC was appointed by Leif Associates, Inc. to serve as their legal counsel.
Liz Leif, President of Leif Associates, Inc., engaged BCMS Corporate, an international lower-middle market M&A advisor on May of 2011 to create a competitive marketplace on her behalf. The market showed great interest in the Denver based consulting firm which resulted in several offers received from major Healthcare companies. However, it was the existing long-term relationship with Rocky Mountain that inevitably closed the deal.
“I was especially impressed by the breadth of the team that worked with me to successfully market the company. I could never have imagined the extent of the organization needed to keep up with all the letters, phone conferences, face-to-face meetings, documents and negotiations.” stated Liz Leif, President of Leif Associates, Inc.
BCMS Corporate is a leading, independent lower-middle market advisor with over 20 years of excellence serving clients worldwide. It is focused exclusively on the lower-middle market, advising clients on sell-side transactions, acquisitions, and private placements of debt and equity. The firm’s unique understanding of private company owners’ objectives and issues facing private companies during the transaction process has enabled BCMS to successfully execute over 400 transactions across a diverse group of sectors. BCMS currently employs over 240 professionals with offices in North America (New York, Dallas / Fort Worth, Los Angeles and Calgary), Africa, Europe and Asia.
About Leif Associates, Inc.
Headquartered in Denver, CO, Leif provides consulting services to insurance companies, large corporate employers, health care providers, and government programs. Their services include employee benefit consulting, interim corporate management, research services and Department of Insurance compliance consulting. Please visit www.leif.net for additional information.
About Rocky Mountain Health Plans
Rocky Mountain Health Plans, a locally-owned, not-for-profit Colorado health insurance provider, has been offering individual health insurance and group health insurance plans to Colorado residents for more than 35 years. They are the only health plan provider in Colorado serving every market segment including employers, individuals, Medicare, Medicaid, and Child Health Plan Plus beneficiaries. For more information, please visit www.rmhp.org.