Sdii Global LLC, a forensic engineering and consulting firm primarily supporting claim resolution for the property/casualty insurance industry, completed the acquisition of Roar Engineering Inc. in Mississauga, Ontario.
Roar and Sdii will continue to operate independently while sharing cross-platform resources. Moving forward, the business plans to continue growing its geographic presence and portfolio of services through organic and strategic merger and acquisitions.
Roar Engineering is a Canadian forensic engineering firm providing investigations and reports to help clients navigate insurance claims and disputes.
Sdii is backed by Kian Capital. Kian completed a strategic majority investment in Sdii in 2022. The firm has supported the company’s strategy since 2016, when it provided senior secured debt to facilitate a management-led buyout.
Kian is a private investment firm with $1 billion of capital under management and a focus on four core industry sectors: consumer, services, value-added distribution and specialty manufacturing.
Was this article valuable?
Here are more articles you may enjoy.
Virginia Says Airbnb Lacks Insurance License to Offer Host Damage Protection Plan
Revlon Fails to Ensure Some Products Are Safe, FDA Warns
Why Toyota RAV4s Are Suddenly the Most Coveted Used Cars in America
Storage Shed Caused Parking Garage Fire, Travelers Says in $10M Subro Suit