Announced

Lee Equity Partners made a strategic investment in McLarens.

Synopsis

McLarens, a leading, global independent insurance services provider, announced the signing of a definitive investment agreement with Lee Equity Partners to expand its market position and capabilities in loss adjusting and related services. McLarens employees will maintain a substantial ownership interest and the Company will continue to operate independently, focused on complex commercial insurance services and niche industry verticals. Financial terms were not disclosed. “McLarens is a high-quality industry leader that provides a critical product to the insurance services market and is trusted by clients world-wide. McLarens has a strong team with specialized expertise across numerous industries, and a tremendous opportunity to further distinguish themselves in the market. We look forward to partnering with the McLarens’ team to support their efforts to accelerate growth—both organically and through acquisitions—and to continue to strengthen their global position in the insurance services sector.” Mark Gormley, Lee Equity Partners Partner.

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