The Davies Group has acquired Frontier Adjusters in their first US deal as part of their North American investment plan.
Frontier will form the independent adjusting branch of Davies' new US claims solutions business.
Headquartered in Ohio, the independent adjusting branch will sit alongside Davies’ existing businesses in the US which includes its captive management business, and its insurance audit and inspection businesses.
This deal marks Davies’ fourth acquisition of this year.
Earlier this year, Canadian investor AIMCo took a minority stake in the group alongside majority shareholder HGGC to support Davies’ next phase of international expansion and continued the digital transformation.
Dan Saulter, Davies’ chief executive, commented: “I am excited to welcome the whole Frontier team to Davies. Frontier’s breadth of capability, their geographic footprint, their focus on client service, and investment in technology strongly aligns with our ethos."
He added: “We plan to continue developing our solutions in North America through adding complementary third party administrators and supply chain capabilities both organically and through additional acquisitions in the future.”
Milo Bolender, senior vice president of Frontier, said: “We’re delighted to join Davies and are excited about our key role in the group’s expansion plans in North America. We have a strong network of franchisee owner-operators with deep experience who are committed to delivering quality independent adjusting services."
