Cunningham Lindsey has entered into a definitive agreement to purchase GAB Robins’ international businesses (excluding its UK operations) and its U.S. forensic engineering firm EFI Global.
GAB Robins’ international businesses include operations in France, the Netherlands, Belgium, Ireland, South Africa, Australia, New Zealand, Malaysia, Taiwan, Hong Kong and China.
The transaction is expected to close within seven days. The combined business will result in more than 600 offices and 5,600 employees in more than 70 countries.
The combined company will operate under the Cunningham Lindsey brand while EFI Global will continue to use its name.
EFI Global will continue to offer forensic engineering, fire investigation, environmental and specialty consulting services in the United States. Its clients include commercial, industrial, institutional, insurance, government, public and private entities that typically engage EFI Global for forensic analyses, defendable loss evaluations and strategic environmental solutions.
Brera Capital Partners LP will continue to own the loss adjusting businesses of GAB Robins in the United Kingdom, United States and Canada, as well as third party administration operations in the United States.
Philippe Bès, formerly the president of the international operations of GAB Robins, has been appointed CEO of the Cunningham Lindsey Group. “Cunningham Lindsey’s shareholders, Stone Point Capital and Fairfax Financial, see the strategic benefit of merging selected businesses of GAB Robins with Cunningham Lindsey to create an international business with truly significant scale and expanded global reach,” Bès said. “This merger will provide our customers with expanded service capabilities and expertise while presenting employees of both companies with enhanced opportunities.”