Alacrity Solutions is selling Alacrity Network Solutions, its managed repair division, to BV Investment Partners.
The company said the transaction is part of its long-term strategy to sharpen its operational focus and its investment in technology-driven capabilities across its core service lines.
Alacrity, based in Fishers, Indiana, is an independent provider of insurance claims management services.
BV Investment Partners, headquartered in Boston, Massachusetts, is a private equity firm focused on the tech-enabled business services sectors. The company announced this month that it has completed fundraising for BVIP Fund XII at its hard cap of $2.4 billion, exceeding its initial target of $2.0 billion.
Was this article valuable?
Here are more articles you may enjoy.
LaGuardia Crash Bolsters Case for Using AI in Air Control Towers
Epstein Survivor Sues US, Google Over Release of Personal Data
Ex-Deutsche Bank Manager Sues Bank for at Least $624 Million
LNG Supply Cut Further After Cyclone Hits Australian Plants