SCM Insurance Services Acquires Granite Divisions

SCM Insurance Services announced that it has completed the acquisition of the property/casualty businesses of Granite Global Solutions.

The businesses being acquired are known by the following names: Granite Claims Solutions, a national adjusting firm; Granite Health Solutions, a provider of medical assessments and health services; CKR Global, a national provider of risk mitigation and investigation services; and Rochon Engineering, a forensic engineering and environmental consulting company.

The claims, health and investigations businesses will be added to the corresponding business units in SCM Insurance Services, respectively ClaimsPro, Cira Medical Services and Forensic Investigations Canada (FIC). Rochon Engineering will continue as a standalone company.

Day-to-day operations will continue seamlessly with services completely unaffected. Customers can continue to contact their existing client representatives for any needs they may have.

The executive leadership of the business units is as follows:

TorQuest Partners, a Canada mid-market private equity firm, is the majority shareholder of SCM Insurance Services. Genstar Capital, a San Francisco-based private equity firm, is the majority shareholder of Granite.

Source: SCM Insurance Services