Davies Acquires TriPlus Services Inc

Davies Acquires Premier Claims Management

December 19, 2024

Professional Services

Davies has acquired Premier Claims Management (PCM), a Santa Ana, California-based provider of professional and general liability claims services. The deal brings Marilyn Bonetati and more than 40 PCM colleagues (including 16 coverage attorneys) into Davies’ North American claims operations and strengthens Davies’ claims handling capabilities for the Lloyd’s market across the U.S. and parts of Canada.

Davies Acquires Disability Management Services (DMS)

January 7, 2021

Insurance

Davies, the London-based specialist professional services and technology firm, has acquired Disability Management Services, Inc. (DMS), a Springfield, Massachusetts–based third-party administrator specializing in individual disability claims. The deal adds roughly 180 specialists to Davies’ U.S. Life & Health claims capability and strengthens its claims administration offering; 7 Mile Advisors served as exclusive sell‑side advisor to DMS.

BC Partners Acquires Majority Stake in Davies

March 15, 2021

Professional Services

BC Partners has agreed to acquire a majority stake in Davies, valuing the London-based insurance services and technology business at about £1.2 billion including debt. Existing investors HGGC and Alberta Investment Management Corporation will retain minority stakes; BC Partners said it will support Davies' global expansion and further investment in digital transformation.

The Hilb Group Acquires LifePlus Insurance Agency, Inc.

March 1, 2020

Insurance

The Hilb Group, LLC (THG), a Richmond-based middle-market insurance brokerage and portfolio company of The Carlyle Group, acquired Marshfield, Massachusetts-based LifePlus Insurance Agency, Inc., effective March 1, 2020. LifePlus — a full-service ancillary benefits agency serving municipalities with group life, worksite, dental and workers' compensation products — will continue operating from its Marshfield office under agency leader Peter A. Cook, Jr. as part of THG's New England employee benefits platform.

TDR Capital V and I Squared Capital Acquire Majority Stake in Applus Services

June 14, 2024

Industrial Services

Amber EquityCo S.L.U., a vehicle formed and jointly controlled by TDR Capital and funds advised by I Squared Capital, has completed the acquisition of a majority stake in Applus Services, S.A. Applus is a global leader in testing, inspection, and certification (TIC), operating in 70+ countries with more than 26,000 employees and serving energy, automotive, aerospace and industrial markets.

Banyan Software Acquires Trans Plus Software

September 18, 2020

Software

Banyan Software has acquired Trans Plus Software, a Guelph, Ontario–based provider of Transportation Management Systems (TMS) and fleet/logistics management software. Banyan said it will invest in Trans Plus’s technology and team to grow the business as part of its strategy to acquire and scale enterprise software companies.