GlobalOptions Announces Partnership with AXOM in Germany

ORLANDO, Fla.--()--GlobalOptions, Inc. (GLOI UK Ltd.), a leading global provider of Special Investigative Services to the insurance community announced that it has entered into a definitive license and share option agreement to substantially acquire all of the assets of German, private investigations firm, AXOM Group, Ltd. Since its foundation in 2005, AXOM has served over 1600 clients in more than 65 countries, making it the market leader of international investigations for insurance companies, banks and law firms in Germany.

Director of the AXOM Group, Matthias Willenbrink, has more than 33 years of investigative experience, including 13 years as a Police Detective. Together with 18 full-time investigators in 10 branch offices, they provide investigative coverage for clients all over Europe. AXOM runs offices in Istanbul, Turkey; Prague, Czech Republic; Bucharest, Romania and Warsaw, Poland. Mr. Willenbrink commented on GlobalOptions’ international scope: “GlobalOptions is clearly the global leader of insurance claims investigations; which is also AXOM’s core competence in Europe. Our mutual affiliation opens up new perspectives for our clients, both on a regional and international level.”

Mr. Willenbrink added: “I believe GlobalOptions’ claims investigations tool, GlobalTrak™, is a unique technology that AXOM will use to expedite services for its customers, while continuing to deliver a high measure of detail and security. GlobalOptions’ proprietary platform also provides our clients the opportunity to customize the information they require more efficiently than ever before. Partnered with GlobalOptions, we are best prepared to continue our position as the leading insurance claims service provider in Europe.”

"We are confident that AXOM’s experience in the German and European markets will provide the key differentiating factor that GlobalOptions’ prides itself in offering to its customers; local expertise on an international scale,” said Frank Pinder, President and CEO of GlobalOptions. Mr. Pinder continued: “The partnership with AXOM is a reflection of GlobalOptions’ strategy to align itself with the best companies in the world; providing more value to our customers through strengthening our local expertise, geographic coverage and state-of-the-art technology.”

About GlobalOptions, Inc.

GlobalOptions, Inc. (GLOI UK Ltd.), headquartered in the United States, is the international leader in providing structured outsourced SIU solutions, as well as a variety of investigative services to insurance carriers, self-insured corporations and third-party administrators. GlobalOptions provides quality field investigations, instantaneous access to public records, comprehensive SIU programs, strategic counter-fraud planning, innovative educational courses, integrated Internet-based technologies and counter-fraud coordination services. For more information, visit: www.globaloptions.com

Contacts

GlobalOptions, Inc.
Kevin Mcginn, 407-859-0997
kevin.mcginn@globaloptions.com
or
Media Contact: 888-550-4211
CorporateCommunications@globaloptions.com

Release Summary

GlobalOptions announces partnership with AXOM

Contacts

GlobalOptions, Inc.
Kevin Mcginn, 407-859-0997
kevin.mcginn@globaloptions.com
or
Media Contact: 888-550-4211
CorporateCommunications@globaloptions.com