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Sherman & Company served as financial advisor to Ho'ike Services, Inc., dba BlueWave Technology, in the sale of the assets of BlueWave Technology, including its innovative insurance claims solution software, PipelineClaims™, to Cover-All Technologies Inc. (NYSE: Amex: COVR) in a cash transaction effective December 30, 2011. Cover-All Technologies Inc. is a leader in developing sophisticated software solutions for the property and casualty insurance industry.
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About BlueWave Technology
BlueWave Technology, based in Honolulu, Hawaii, offers a comprehensive claims solution for insurance companies, Third Party Claims Administrators (TPAs), and other insurance entities. Their flagship product, PipelineClaims™, was designed and developed with an in-depth knowledge of the claims process and utilizes the latest technologies to create a flexible, easy-to-use, functionally rich and efficient claims solution.
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About Sherman & Company
Sherman & Company is a boutique investment banking firm focused solely on the insurance industry. Our services include: Mergers & Acquisitions, Capital Raising, Strategic Advisory & Fairness Opinions, and Regulatory Advisory.
6302 Fairview Road, Suite 320
Charlotte, North Carolina 28210
(704) 943-2600
www.Sherman-Company.com
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