Official Updates from Ethos Risk Services
FOR IMMEDIATE RELEASE: 2/5/2019
Ethos Acquires Combined Investigators, Inc and SIU Management, LLC
Strengthens Ethos Growth Strategy
St. Petersburg, FL – Ethos Risk Services LLC, announced today the acquisition of Combined Investigators, Inc. and SIU Management, LLC. The acquired businesses are regional providers of investigative and SIU services for employers, third party administrators and insurance companies throughout the southeast. Integration of the two companies is expected to be completed over the coming months which will result in enhanced geographic footprint and continued commitment to customer service for both companies. Terms of the agreement were not disclosed.
“Over the last several months and years, we have gone through an exhaustive search process to find the right regional competitor to partner with,” said Ethos Risk Services CEO, Micah Smith. “Combined’s presence and reputation in the Eastern U.S. is unmatched; coupled with national and international coverage, along with our range of technology-enabled services, we are now one of the premier investigative solution providers in the U.S. We are very excited to have the incredibly talented team at Combined join our Ethos family; including Bill Tabor, David Collins, and Dee Tabor as recognized industry leaders.”
Combined Investigators’ services and standards of excellence are consistent with those of Ethos Risk Services making this an ideal match for both companies. Combined’s clients will benefit from the enhanced resources and technologies from Ethos along with their full suite of investigative services.
“I am excited to bring together two stellar investigative companies that will provide unparalleled service to our clients and look forward to building relationships that ensure the best possible outcomes in the ongoing battle against fraud,” said David Collins, CEO of Combined Investigators and SIU Management.
This acquisition aligns with long-term, strategic growth plans for Ethos. The transition will be seamless for clients while processes, clients, and staff are fully integrated.
“We are excited to become a part of the commitment and energy within the Ethos team,” said Combined’s President, Bill Tabor. “After years of organic growth in the Eastern U.S., this consolidation allows us to offer our clients a true national presence. This is an exceptional opportunity to provide new and expanded services to our clients.”
About Ethos Risk Services, LLC
Ethos Risk Services (ERS) is a full-service risk mitigation firm headquartered in St. Petersburg, Florida. ERS provides nationwide and international coverage from a team of over 350 investigators servicing all 50 states and over 70 countries. Founded in 2006, the company has provided comprehensive fraud management to insurance companies, self-insured employers, attorneys and third-party administrators within the insurance industry. Ethos is dedicated to its vision of being the most tech-enabled, customer-centric investigative services company and to build a partnership with their clients in combating fraud across the globe. For more information about Ethos Risk Services, please visit the company website at www.ethosrisk.com.
About Combined Investigators, Inc and SIU Management, LLC
Combined Investigators, Inc and SIU Management, LLC has been providing investigative services to the southeast region since 1986. Today the company operates in 19 states, and has performed thousands of investigations utilizing over 60 experienced senior investigators and state of the art technology. SIU Management provides turnkey SIU services for both national and regional providers within the insurance industry.
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