1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Ohio >
  6. Alacrity Solutions Acquires InspectionConnection

M&A Deal Summary

Alacrity Solutions Acquires InspectionConnection

On March 5, 2025, Alacrity Solutions acquired business services company InspectionConnection from Latitude Subrogation Services

Acquisition Highlights
  • This is Alacrity Solutions’ 5th transaction in the Business Services sector.
  • This is Alacrity Solutions’ 11th transaction in the United States.
  • This is Alacrity Solutions’ 1st transaction in Ohio.

M&A Deal Summary
Date 2025-03-05
Target InspectionConnection
Sector Business Services
Buyer(s) Alacrity Solutions
Sellers(s) Latitude Subrogation Services
Deal Type Divestiture

Target

InspectionConnection

Columbus, Ohio, United States
InspectionConnection is a full-service appraisal company specializing in heavy equipment, such as construction vehicles, tractors and trailers, and farm machinery. The company has provided comprehensive subrogation recovery and salvage administration support in all 50 states and throughout Canada to property and casualty (P&C) insurance organizations, including mutual companies, captives, self-insured entities, and managing general agencies. InspectionConnection was founded in 2018 and based in Columbus, Ohio.

Search 205,173 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Alacrity Solutions

Fishers, Indiana, United States
Category Company
Founded 1976
Sector Business Services
DESCRIPTION

Alacrity Solutions is a provider of outsourced claims management solutions to insurance carriers. Alacrity was formed in 1976 and is based in Fishers, Indiana.

DEAL STATS #
Overall 11 of 11
Sector (Business Services) 5 of 5
Type (Divestiture) 2 of 2
State (Ohio) 1 of 1
Country (United States) 11 of 11
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-22 PDA

Fort Worth, Texas, United States

PDA is an independent damage appraisal firm that offers accurate estimates across the country and completes hundreds of thousands of estimates each year for property, heavy equipment, over-the-road truck, specialty equipment, auto, RV, boat, motorcycle, and other damage. PDA was founded in 1963 and is based in Fort Worth, Texas.

Buy -

Seller(S) 1

SELLER

Latitude Subrogation Services

Bloomfield Hills, Michigan, United States
Category Company
Sector Business Services
DESCRIPTION

Latitude Subrogation Services (LSS) is a national recovery company specializing in auto, property, and worker's compensation claims. Using state-of-the-art technology and a highly specialized workforce, Latitude offers comprehensive subrogation and salvage administration services to meet customers’ current goals. Latitude Subrogation Services is based in Bloomfield Hills, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-02 InspectionConnection

Columbus, Ohio, United States

InspectionConnection is a full-service appraisal company specializing in heavy equipment, such as construction vehicles, tractors and trailers, and farm machinery. The company has provided comprehensive subrogation recovery and salvage administration support in all 50 states and throughout Canada to property and casualty (P&C) insurance organizations, including mutual companies, captives, self-insured entities, and managing general agencies. InspectionConnection was founded in 2018 and based in Columbus, Ohio.

Buy -
Mergr

Product

Company

Legal