Ceva Logistics is seeking to add to its existing multilevel regulatory services business as it seeks to expand to more customers in the healthcare, energy and transportation sectors, according to a company filing with the Securities and Exchange Commission.
The company, which is based in South Florida, plans to build a new headquarters in South Carolina and add additional workforce in Florida and Georgia, said the filing.
The company also said it has an agreement with a third-party broker to offer a service called “Regulatory Automation,” which will help Ceva customers to obtain and use regulatory data.
Ceva Logistic also said the company will enter into an arrangement with a broker that will allow it to access regulatory data from a wide range of third-parties, including government, regulatory, insurance, corporate and other entities, the filing said.
Cevas current business is in the insurance and reinsurance industry, which are focused on regulatory information and data mining.
Caveat: Ceva has never filed for bankruptcy and has always maintained its core business, said Paul J. Gagnon, Ceva’s chief financial officer.
We will be announcing additional details on this matter soon, Gagnons disclosure said.