TELEO CAPITAL ANNOUNCES ACQUISITION OF CHCS SERVICES
Boise, ID – (March 23, 2022) TELEO Capital Management, LLC (“TELEO”) announced the acquisition of CHCS Services, Inc. (“CHCS”) from Capgemini America, Inc. CHCS is a leading technology-enabled third-party administrator (TPA) for the senior health and eldercare markets.
CHCS Services, Inc. has been serving as the nation’s leading full-service senior market solutions provider for over 25 years. CHCS’ solutions span the insurance senior market sector. Focusing on long term care and Medicare Supplement plans, CHCS also addresses challenges faced in accident and health, disability, and the various other supplemental insurance programs. As a leading third-party administrator, CHCS becomes an extension of the client’s organization and brand. CHCS has offices in Boise, ID and Pensacola, FL.
For additional information, please visit www.chcs-services.com.
TELEO Capital is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources and capital base empower management to perform and execute their business plan. TELEO brings a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, and implementing buy and build strategies for its portfolio companies. TELEO targets opportunities in the technology & software, healthcare IT, business services and industrial sectors. The firm is headquartered in Boise, ID with an additional office in Los Angeles, CA.For additional information, please contact Matt Oehlmann at email@example.com or visit our website at www.teleocapital.com
The firm is headquartered in Boise, ID. For additional information, please visit www.teleocapital.com or contact Matt Oehlmann at firstname.lastname@example.org