Canadian Underwriter
insPRESS

Envista Forensics announces expansion of global equipment restoration practice with acquisition of AREPA


May 4, 2017   by Envista Forensics

ATLANTA — Grover Davis, CEO of Envista Forensics (“Envista”), announced today the acquisition of AREPA, a leading provider of industrial and high-technology equipment restoration based in Silkeborg, Denmark. With this announcement, Envista, known globally as a top provider of forensic engineering and recovery solutions to insurance companies, loss adjusters, in addition to legal and risk management professionals, strengthens their strategic position – already established through Envista’s equipment restoration division, TekPro Global – as the global provider for technical restoration. This acquisition also enables Envista to achieve continued growth for their forensic consulting practice throughout the European insurance market.

Founded in 1981, today AREPA has over one hundred twenty employees located in ten offices across Denmark, the Netherlands, and Sweden They are a global provider of comprehensive industrial equipment restoration services to insurers, loss adjusters as well as the marine, offshore and wind energy, and manufacturing industries. Following this transaction, all corporate global equipment restoration services, including those previously offered in North America under Envista’s TekPro Global brand, will be offered under the AREPA brand. AREPA’s leadership will serve in a pivotal role in leading the resulting global organization.

“AREPA is an innovative leader in the equipment restoration industry, providing consultative and comprehensive recovery solutions for their global clients, and we are honored to have their wonderful team joining the Envista Forensics family,” said Grover Davis, CEO. He went on to add, “In addition to providing an exceptional, world-class work product, the AREPA team shares in Envista’s commitment to providing world-class customer service no matter where in the world it may be needed.”

Bob Wedoff, President, remarked, “We’ve always been proud of our TekPro division’s technical abilities, quality and customer service, as well as their international reach from their bases in the US and Canada. Our partnership with AREPA, however, elevates our restoration operations from being an international organization to one that is truly global, and the marriage of AREPA’s specialized competencies in areas such as Marine and Energy complement TekPro’s strengths in a way that brings certainty to the most challenging losses and disasters in a unique and powerful way.”

“On behalf of AREPA, I am truly excited about becoming part of the Envista family. Since AREPA was founded in 1981, it has always been important to strive for service excellence”, commented Torben Vad, Chief Technical Officer at AREPA. He continued by saying, “With no doubt AREPA’s most valuable asset is its employees. One of my greatest responsibilities is to provide our employees with both security and an opportunity to grow, and Envista represents all the important values that ensure that stability. In addition, as the market leader in the field of forensic consulting and engineering, Envista provides a variety of exciting, new opportunities to AREPA’s employees and together, we are a global provider taking our joined services to an even higher level.”

ABOUT ENVISTA FORENSICS

Envista is a global leader in forensic engineering & recovery solutions, providing failure analysis, fire and explosion investigations, digital forensics, accident reconstruction, building consulting, geotechnical engineering, damage evaluations and equipment restoration services following disasters of all kinds. Envista has served the insurance, legal and risk management industries for over 30 years. Their experts travel globally from over 30 offices located across the North America, Latin America, the U.K., Europe, Singapore and Australia. For more information, visit envistaforensics.com.

ABOUT BW FORSYTH PARTNERS

BW Forsyth Partners is a St. Louis-based operationally focused investment firm dedicated to making long-term investments in middle-market companies in the capital equipment and component manufacturing, and insurance services sectors. BW Forsyth Partners investment approach offers a balanced blend of private equity fundamentals and significant operational expertise, made possible by our strategic relationship with our parent company, Barry-Wehmiller. Because of our unique relationship with an active operating company, BW Forsyth Partners offers many of the value-added resources of a strategic partner, while maintaining the entrepreneurial spirit and autonomy of the portfolio company’s leadership team. For more information, visit bwforsyth.com.


Print this page