Dear HealthEZ Family,
Approximately 11 months ago we started a process to review all of our options with the objective of significantly improving the services we provide to our clients and the opportunities we provide to our team members. After careful consideration we retained Lincoln International and conducted interviews with more than 40 highly qualified firms we felt could elevate our company exponentially.
On July 1, 2020, we welcomed Abry as HealthEZ’s new partners joining the family that has owned and operated our company for 38 years. This was never an easy decision. Throughout our 38 years, we have always held sacred our commitment to our clients, employers, and their employees, doctors, hospitals and care providers, and all the participants and beneficiaries of the spectacular American healthcare system.
This tumultuous and extraordinary year made our decision even more difficult. However, in Abry we found the perfect match, the perfect partner. A strong and smart company, nimble, experienced, educated, diverse, and capable in every way. A dream team with common values and complementary aspirations and skills. Today we know we are stronger and better having the Abry team, their vast intellectual and financial resources, backing our aspirations as we strive to serve our clients better than ever before. Our successful conclusion of this transaction, despite the tumult of this difficult year, is a testament to the strength of HealthEZ and the resolve and tenacity of the Abry team.
On a personal note for me and my family, this is a very special milestone in the realization of our American dream. The majesty of America is most evident in the eyes of America’s immigrants, Americans-by-choice. Our enduring gratitude to all of our teachers, clients, team members, friends, and of course to TJ Rose, Garrett Blank, Kayla Dean, John Hurt, and the entire Abry Team and our friends at Lincoln International and all who believed in our American dream.
– M. Nazie Eftekhari, CEO
Eftekhari will remain in charge of the firm, and she and her family will stay on as owners and investors. There will not be any changes to her senior leadership and management team. Abry’s investment will help HealthEZ provide an enhanced suite of services and pursue strategic acquisitions.
As part of the process, HealthEZ underwent a comprehensive due diligence audit of all policies and procedures across HR, compliance, health plan, financial, legal and IT from industry leaders Alvarez & Marcell, DLA, EY, Grant Thornton, Norton Rose Fulbright and Willis Tower Watson.