American Para Acquires Hooper Holmes’ Portamedic Business

Munger, Tolles & Olson represented American Para Professional Systems, Inc. in its acquisition of the Portamedic business of Hooper Holmes, Inc. (NYSE HH). The purchase closed September 30, 2013. It was announced August 15, 2013.

Maria Seferian led the transaction for Munger Tolles with a team that included Alan V. Friedman, Jennifer M. Broder, Jesse Max Creed and others.

American Para Professional Systems, Inc. is a leading paramedical service provider in the insurance industry. Hooper Holmes performs risk assessment and risk management services; tests millions of samples annually and helps insurers to better apply the predictive powers of today’s tests; and provides integrated data collection, tele-interviewing and underwriting services.