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New Deal


Announced

Longshore Capital Partners-backed Southwest Adjusters to acquire Team One Adjusting Services.

Synopsis

Longshore Capital Partners-backed Southwest Adjusters, a multi-line independent adjustment services company for both catastrophe and daily claim handling, agreed to acquire Team One Adjusting Services, a provider of loss adjustment and claims management services. Financial terms were not disclosed. "The combination of these businesses gives us a meaningful platform for growth, both for our carrier clients and the employees at Team One and SWA. Longshore's backing enables us to scale more quickly and efficiently than before and provides us with ample resources to continue to build our team. We are eagerly adding additional highly accomplished professionals as we further our pursuit of building the industry's premier claims management organization," Jeff Martin, Team One Executive Vice President.

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