Bradenton, FL (8/1/2012) – Williams & Lamb, LLC; is pleased to announce that it has acquired an interest in Franco Signor, LLC; a Delaware based company specializing in Medicare Secondary Payer (MSP) Compliance. The financial details of the acquisition were not disclosed, but founding members, Roy A. Franco and Jeff J. Signor began their search for an investment partner, shortly after the departure of their CEO earlier this Spring.
Williams & Lamb, LLC is a Bradenton, FL based investment firm specializing in mergers and acquisitions in the insurance industry. The company focuses on niche markets within the insurance services space with rich opportunities for sustainable growth and managed expansion. Williams & Lamb’s President John M. Williams commented; “We are excited to be part of the growth development of an innovative and industry leading organization. Franco Signor’s team has been guiding the evolution of the MSP Compliance space for many years now. Their customer focused approach, liability MSP expertise, and legislative influence make them an ideal investment for our firm.”
Franco Signor, LLC is a national provider of MSP Compliance Services headquartered in Buffalo, NY with national locations in Denver, CO; Charlotte, NC; and Nashville, TN. Franco Signor serves self-insured entities, insurance carriers, third party administrators, and attorneys throughout the United States. Franco Signor Principal Roy Franco noted; “Williams & Lamb’s investment in Franco Signor improves our market visibility and solidifies our comprehensive expertise in the MSP Compliance space. They have deep market experience in Workers’ Compensation and Mandatory Insurer Reporting Services and we look forward to their involvement with the growth and development of our firm.”
Franco Signor will be adding a Bradenton, FL based location to their national presence under the terms of the deal. John Williams will be promoted to the position of Chief Executive Officer for Franco Signor, LLC, Roy Franco will be promoted to the Chief Legal Officer position for Franco Signor, LLC, and Jeff Signor will be promoted to the Chief Operating Officer position for Franco Signor, LLC. Jeff Signor added; “Our customers can expect to see the same level of quality and service that they have come to enjoy from Franco Signor. This partnership represents the union of the established leaders in Liability MSP Services, Workers’ Compensation MSP Services, Mandatory Insurer Reporting, and MSP Legislative Reform. We look forward to the future and continuing to serve our clients’ individual needs.”
For additional information contact Jesse Hamby, Vice-President of Business Development at Franco Signor, LLC at firstname.lastname@example.org or John Williams, President of Williams & Lamb at email@example.com.