Acquisition · Portfolio-company

MGB Claims Consultants Inc.

Transaction overview

Status: Reported completed

Announcement date:

Exact closing date not established.

McLarens reported purchasing 100% of the equity of MGB Claims Consultants Inc., a Canadian commercial claims-adjusting firm. Its August 3, 2021 announcement said the business would become part of McLarens' North America claims and loss-adjusting division effective immediately. The exact closing date was not stated.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.

Source evidence

  1. McLarens Acquires Top Canadian Loss Adjusting Firm MGB Claims Consultants, Inc. ↗

    Lee Equity Partners · Published Aug 3, 2021

    The dated announcement expressly reports purchase of 100% of MGB equity and immediate integration. The 2014 third-party administration group is internal business development, not another acquisition. No separate closing date is stated.

MGB Claims Consultants Inc. · RIA Monitor