NEW YORK, June 4, 2004 – LAWFUEL -Weil, Gotshal & Manges LLP, one of the
world’s leading law firms, advised Universal American Financial Corp.
(Nasdaq: UHCO) in the completion of its acquisition of Heritage Health
Systems, Inc. for approximately $98 million in cash.
Founded in 1995, Heritage operates Medicare Advantage plans in Houston and
Beaumont, Texas, and has approximately 16,000 Medicare members with annualized
revenue of approximately $132 million. Universal American Financial Corp.
offers a portfolio of health and life insurance products, primarily to the
senior market, as well as third party administrator services for insurance and
non-insurance programs in the senior market.
Weil, Gotshal & Manges LLP is an international law firm of more than 1,100
attorneys, including approximately 300 partners. Weil Gotshal is
headquartered in New York, with offices in Austin, Boston, Brussels, Budapest,
Dallas, Frankfurt, Houston, London, Miami, Munich, Paris, Prague, Silicon
Valley, Singapore, Warsaw and Washington, D.C.
Weil, Gotshal & Manges LLP’s Team
Partners: Marita A. Makinen and Michael S. Colvin (Corporate – New
York); Mark Hoenig (Tax – New York)
Associates: Nicholas E. Rodriguez, Rebecca G. Sullivan and Itiva Chopra
(Corporate – New York); Andrew J. Clark and Christine L. Agnew (Tax – New
York)
