GLOBAL RISK AND INVESTIGATION FIRMS MERGE TO CREATE CANADIAN BASED POWERHOUSE
June 7, 2011 by Canadian Underwriter magazine
Canpro Global and King-Reed Merge to Create Canada’s Largest National Investigation and Risk Mitigation Firm
Toronto, June 7, 2011: Canpro Global Services Inc. and King-Reed & Associates LP have amalgamated to create the largest full-service risk mitigation and investigation company in Canada.
The new organization, Canpro King-Reed LP, with combined annual revenues in excess of $40 million, becomes the dominant service provider in its field. Chairman of the Board, Brian D. King, and President and CEO, Robert Burns, in a joint announcement said, “We now blanket the country from coast to coast and our clients get the broadest range of services in the industry. It’s a perfect fit.”
The combined firm will deliver uniform reporting and methodology and the ease of a single point of contact for national coverage. Clients will now have access to expanded technology, geographic coverage, resources and industry specialists across Canada and in some international locations.
Client services include Investigations, Security and Risk Consulting, Pre-employment Screening, Occupational Health & Safety, and Labour Risk Management.
“King-Reed established itself over 27 years as the premier service provider in Eastern Canada. This merger allows us to ensure our clients that same level of service across the country,” said Brian D. King, Chairman of the Board.
President and CEO, Robert Burns, stated, “Canpro and King-Reed have been working co- peratively for 15 years. Becoming a single national service provider is the natural next step in our evolution. I’m totally excited about the opportunities this creates for our clients.”
Canpro King-Reed combined includes over 450 professionals in 23 locations across Canada and abroad. Client sectors include government, corporate, financial, legal, extractive and insurance industries.
The merger is the result of the private equity investment in both firms by Granite Global Solutions.
“Granite Global Solutions is proud to have facilitated bringing together these two great Canadian success stories that complement each other perfectly and can seamlessly continue to grow and develop in new and existing markets.” said Murray Wallace, President & CEO, Granite Global Solutions.
About King-Reed & Associates LP:
Headquartered in Toronto with 12-full service offices strategically located throughout Central Canada, King-Reed & Associates LP is a premier internationally-recognized investigations firm. Since 1984 King-Reed has served the Corporate, Legal, Insurance and Financial markets, providing investigations in the areas of fraud, intellectual property, due diligence, surveillance, pre-employment screening, intelligence gathering services and threat risk assessments. With a staff of more than 170 professionals, King- Reed aggressively employs its expertise and experience to produce high quality results that support and contribute to the overall success and growth of its clients. www.king-reed.com
About Canpro® Global:
Headquartered in Vancouver, with 11 offices throughout Western Canada, Canpro Global Services Inc. is a leader in risk mitigation through its five subsidiaries – Investigations, HRservices, Risk Solutions, Training Resources & Labour Risk Management. With more than 300 professionals committed to providing exceptional client service and innovative professional solutions, Canpro has been the company of choice for governments, corporations and the legal community in Canada and abroad since 1975. www.canproglobal.com
About Granite Global Solutions:
Headquartered in Toronto, Ontario, Granite Global Solutions Inc. is a Canadian corporation operating business lines that are leaders in their respective markets: McLarens Canada, the country’s fastest growing niche claims adjusting organization; Sibley & Associates, Canada’s largest disability management company; King Reed & Associates, Canada’s largest private investigation agency and Rochon Engineering, a leading specialized forensic engineering business, among others.
For further information, please contact:
Paul McParlan
Director of Media Relations
King-Reed and Associates LP
Email: pmcparlan@king-reed.com
1.877.695.6575 ext. 241
Ken Cahoon
Director of Media Relations
Canpro Global Solutions Inc.
Email: ken.cahoon@canproglobal.com
1.800.661.9077 ext. 2111
Peta Lomberg
Granite Global Solutions
Email: peta@lombergnetwork.com
416.778.9911
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