Webster Financial (WBS) to Acquire Ametros
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Webster Signs Definitive Agreement to Acquire Ametros
December 14, 2023 4:30 PM ESTSTAMFORD, Conn.--(BUSINESS WIRE)-- Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A. ("Webster") has signed a definitive agreement to acquire Ametros Financial Corp (Ametros), a custodian and administrator of medical funds from insurance claim settlements, from funds managed by Long Ridge Equity Partners (Long Ridge).
Ametros, the nations largest professional administrator of medical insurance claim settlements, helps individuals manage their ongoing medical care through their CareGuard service and proprietary technology platform. CareGuard provides settlement advisory support, saves its members money on medical expenses, ensures... More
