McLarens Acquires MGB Claims Consultants Inc.
August 3, 2021
McLarens has acquired MGB Claims Consultants Inc., a Toronto-based commercial claims adjusting firm, purchasing 100% of the company's equity. The deal expands McLarens' loss adjusting capabilities and North American market presence, while MGB's founding principals will continue to manage the business under the MGB brand.
- Buyers
- McLarens
- Targets
- MGB Claims Consultants Inc.
- Sellers
- MGB Claims Consultants' founders / shareholders (Shawn Malik, James Giffen, Shawn Burnett)
- Industry
- Insurance
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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