Announced
Completed
Financials
Tags
Friendly
Acquisition
damage appraisal
Single Bidder
Property and Casualty Insurance
Completed
Majority
United States
Domestic
Private
Private Equity
Synopsis
Kohlberg-backed Alacrity Solutions, an insurance services provider, completed the acquisition of Property Damage Appraisers, a property damage appraisal firm. Financial terms were not disclosed. “PDA has a 60-year track record of providing top-tier services in the P&C insurance industry. Their experience, nationwide coverage, and reputation in the market made it clear they were the right fit for Alacrity Solutions as we continue to expand our end-to-end service line offerings to our clients," Jim Pearl, Alacrity Solutions CEO.
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