Announced
Synopsis
THL Partners, an American private equity firm, agreed to acquire a majority stake in YA Group, an international professional services organization providing forensic consulting, engineering, risk mitigation, and related services, from CIVC Partners, a private equity firm. Financial terms were not disclosed. "We regard YA as the market leader in a wide range of complex services that support global insurance markets. Their deep expertise, long track record of client success, and outstanding corporate culture make them a critical industry platform. As longtime investors in insurance services and technology, we believe we are well positioned to help the company realize new growth opportunities that will strengthen their position as trusted strategic advisors to their clients," Ed Shahnasarian, THL Managing Director.
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