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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