Private Equity Group:

OGCG's Private Equity Group has the resources and expertise in Underwriting and Service of employee benefits programs you need to evaluate and effectively manage health and welfare programs.

The Old Greenwich Consulting Group’s Private Equity Group, our consultants understand employee benefits — and Mergers and Acquisitions (M&A). We specialize in assessing employee benefits programs prior to an acquisition — and managing them afterwards. Before the acquisition, we facilitate the due diligence process to help the acquiring firm understand the risk, forecast and project cost associated with the target company as well as helping the acquiring team avoid any potential land mines associated with the target's employee benefits programs. After the acquisition, we provide ongoing brokerage services to the portfolio company to put it in control of its employee benefits program.

Pre-Acquisition

With employer-sponsored health care coverage typically exceeding $9,000 per employee per year, misunderstanding actual employee benefit costs can throw off expense projections and greatly impact the economics of a transaction. Our consultants quantify a seller's cost representation, project costs on a go-forward basis, protect the buyer from any previously undisclosed liabilities, and provide a comprehensive set of recommendations to control employee benefit costs post-close. The scope of our due diligence services include:

• A customized and comprehensive executive overview
• Detailed cost analysis current verse projected
• Detailed funding analysis – determining which funding option is best for the firms
• Detailed descriptions of benefit plan designs
• Benchmarking the competitive status of the employee benefit programs
• Identification of liabilities and plan design improvement opportunities
• Recommendations for deal negotiations and purchase agreement language

Post-Acquisition

At OGCG's Private Equity Group, we continue to represent both the Private Equity and the portifilio company. Our representation goes well beyond the due diligence phase and helps to put the portfolio company in control of its employee benefits program while at the same time allowing the PE the opportunity to leverage the size of it’s own firm to benefit that of the portfolio company. We understand that a change in ownership and/or management can create anxiety within the employee population, we anticipate employee concerns and tailor a communications program to address them in a proactive fashion. We also serve as a powerful advocate for the portfolio company in communicating with the financial or strategic acquirer. Our post-acquisition services include:

• Monthly Claims review and monitoring
• Quarterly Utilization Management Reporting
• Mid-Year Renewal preparation and negotiation
• Benefit plan implementation and ongoing administration
• Employee communications, such as Web sites, call centers and newsletters
• Benefit Outsourcing if needed
• 5500’s Filing

Should you require any additional information on our practice or would like to discuss our corporate vision as it relates to our Private Equity Group please call our CEO, Michael Johnson or email him directly at Michael.Johnson@ogcgllc.com.