Global loss adjusting and claims services provider Cunningham Lindsey has agreed to purchase GAB Robins’ international businesses (excluding its UK operations) and its U.S. forensic engineering firm, EFI Global.
GAB Robins’ international businesses include operations in France, the Netherlands, Belgium, Ireland, South Africa, Australia, New Zealand, Malaysia, Taiwan, Hong Kong and China. The transaction is expected to close within seven days.
The combined business will have a global operating platform with 600 offices and 5,600 employees in more than 70 countries.
Cunningham Lindsey said its current businesses and those being acquired from GAB Robins are complementary, with minimal geographic, operational, and client base overlap.
The combined company will operate under the Cunningham Lindsey brand identity while EFI Global will continue to use its name.
Cunningham Lindsey is majority-owned by the private equity firm, Stone Point Capital LLC. Stone Point acquired its interest in Cunningham Lindsey in December 2007.
The company said that EFI Global will continue to offer forensic engineering, fire investigation, environmental and specialty consulting services in the United States. Its clients include commercial, industrial, institutional, insurance, government, public and private entities that typically engage EFI Global for forensic analyses, defendable loss evaluations and strategic environmental solutions.
Brera Capital Partners LP will continue to own the loss adjusting businesses of GAB Robins in the United Kingdom and the United States as well as third party administration operations in the United States.
Source: Cunningham Lindsey
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