Cadex (with Trivest) Acquires Insurance Recovery Group (IRG) and Insurance Subrogation Group (ISG)

Cadex (with Trivest) Acquires Receivables Control Corporation (RCC)

September 24, 2024

Financial Services

Cadex Solutions Corporation, in partnership with private equity firm Trivest Partners LP, has acquired Receivables Control Corporation (RCC), a Maple Grove, Minnesota-based commercial debt recovery and accounts receivable management firm. The acquisition is an add-on to Cadex’s order-to-cash platform intended to broaden its commercial collections, asset recovery and liquidation capabilities and expand its global service offering.

Cadex Solutions (Trivest Portfolio) Acquires DAL, Inc.

November 28, 2023

Financial Services

Cadex Solutions, a portfolio company of Trivest Partners, has acquired DAL, Inc., a Philadelphia-based commercial accounts receivable management and legal recovery firm founded in 1974. DAL will operate as a standalone brand within the Cadex family with Donna Daniels named President as founder Dominick Longhi retires; the deal expands Cadex’s order-to-cash and commercial collections capabilities across domestic and international markets.

Clairvest Sponsors Merger and Recapitalization of Rogers Insurance and CapriCMW to Form Acera Insurance

September 21, 2022

Insurance

Clairvest Group Inc. (through its fund CEP VI) made a C$100 million minority equity investment to support the merger and recapitalization of Alberta-based Rogers Insurance and British Columbia-based CapriCMW, creating Acera Insurance Services Ltd. The investment will keep the business independent and employee-owned while providing capital to invest in people, technology and future acquisitions to grow the new national insurance brokerage platform.

Xceedance Acquires CIS Claim Services from CIS Group

February 18, 2025

Professional Services

Xceedance has acquired CIS Claim Services, the claims business of CIS Group, adding 155 team members and expanding its specialized property claims capabilities to include ADR, litigated claims management, and a broader field adjuster network. The deal expands Xceedance's claims platform and complements its desk and virtual adjusting, TPA services, and claims administration offerings for carriers and MGAs.

Arthur J. Gallagher & Co. Acquires Cadence Insurance, Inc.

November 30, 2023

Insurance

Arthur J. Gallagher & Co. has completed the acquisition of Cadence Insurance, Inc., a Baton Rouge–headquartered insurance subsidiary of Cadence Bank. As part of the transaction, Gallagher will become the preferred insurance broking partner of Cadence Bank, expanding its distribution and insurance capabilities.

Trucordia Acquires Insurance Business of CADA Insurance Services

January 28, 2025

Insurance

Trucordia, a top-20 U.S. insurance brokerage headquartered in Lindon, Utah, has acquired the insurance business of CADA Insurance Services, which operates multiple offices in Louisiana. The acquisition adds CADA's auto, home, commercial, general liability and workers' compensation capabilities to Trucordia's platform and expands its presence in the Louisiana market.