CareFirst Holdings Invests in Best Doctors

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Washington, DC, December 5, 2016 - CareFirst BlueCross BlueShield, through an affiliate, made a $10 million growth equity investment in Best Doctors, Inc. England Securities served as financial advisor to CareFirst BlueCross BlueShield in connection with the structuring, diligence, and execution of this investment.

Best Doctors, based in Boston, MA, is a leading provider of medical expert review services to multi-national employers and health insurers.

CareFirst BlueCross BlueShield, based in Baltimore, MD, is an independent licensee of the Blue Cross and Blue Shield Association. Through its affiliates and subsidiaries, CareFirst BlueCross BlueShield offers a comprehensive portfolio of health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of Columbia and Northern Virginia.

CareFirst BlueCross BlueShield is the shared business name of CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc. which are independent licensees of the Blue Cross and Blue Shield Association. The Blue Cross and Blue Shield Names and Symbols are registered trademarks of the Blue Cross and Blue Shield Association.

About England & Company

With offices in Houston, New York, and Washington, DC, England & Company is an independent investment banking and advisory boutique dedicated to serving middle-market companies. Since its founding in 2003, the firm has provided comprehensive advice on mergers and acquisitions, private capital raising, financial restructuring, fairness opinions, and other strategic initiatives to the executive teams, boards of directors, and financial sponsors of public and private companies. 

Investment banking services are provided by England Securities LLC, a registered broker-dealer and member of FINRA and SIPC.

About England & Company England & Company (www.englandco.com) is an independent investment banking firm headquartered in Washington, DC and with offices in Baltimore and New York. Founded in 2003, England provides owners, executives, and boards of directors of public and private companies with the highest quality investment banking services relating to capital formation, M&A, and restructuring activities. The firm's clients include leading companies in the energy & industrial technology, financial services, healthcare, information technology, consumer products, and business services industries.