Global insurance loss adjuster McLarens Young International is merging with aviation loss adjuster Airclaims of the United Kingdom.
While both companies will continue to operate under their own brands, Airclaims will become a fully owned entity operating within the McLarens Young International group, which is based in Atlanta.
San Francisco-based Altamont Capital Partners provided capital for the transaction. McLarens is the firm’s third investment from its inaugural investment fund. The merger includes the full purchase of shares from Private Equity firm LDC, the largest single shareholder in Airclaims since backing an management buyout in 2005.
Topics Georgia
Was this article valuable?
Here are more articles you may enjoy.
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG 
P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations 
Single Loose Wire Led to Blackout That Caused Dali Crash Into Baltimore Bridge 
