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M&A Deal Summary

Rimkus Consulting Group Acquires Loss Management Solutions

On November 29, 2021, Rimkus Consulting Group acquired business services company Loss Management Solutions

Acquisition Highlights
  • This is Rimkus Consulting Group’s 5th transaction in the Business Services sector.
  • This is Rimkus Consulting Group’s 7th transaction in the United States.
  • This is Rimkus Consulting Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-11-29
Target Loss Management Solutions
Sector Business Services
Buyer(s) Rimkus Consulting Group
Deal Type Add-on Acquisition

Target

Loss Management Solutions

Southlake, Texas, United States
Loss Management Solutions is a consulting firm with expertise in property restoration, remediation oversite, and building reconstruction consulting. Loss Management Solutions is based in Southlake, Texas.

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Buyer(S) 1

Buyer

Rimkus Consulting Group

Houston, Texas, United States
Category Company
Founded 1983
Sector Business Services
DESCRIPTION

Rimkus Consulting Group is a forensic engineering firm providing engineering consulting services to insurance carriers, law firms, and self-insured corporations. Services range from technical analyses of complex insurance claims to a number of highly specialized offerings, including toxicology, biomechanics, and human factors. Rimkus Consulting Group was founded in 1983 and is based in Houston, Texas.

DEAL STATS #
Overall 9 of 15
Sector (Business Services) 5 of 9
Type (Add-on Acquisition) 9 of 15
State (Texas) 1 of 1
Country (United States) 7 of 12
Year (2021) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Sullivan Engineering

New York, New York, United States

Sullivan Engineering is a building envelope restoration consulting firm, that provides the property owner with the technical assistance required to ensure that the appropriate materials are combined with high-quality workmanship. This reduces the overall life cycle maintenance costs for a facility by increasing the longevity of the building envelope and the repairs performed. Sullivan Engineering is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 CCi

London, United Kingdom

CCi is an independent consultancy that has an international reputation for expertise in both the insurance and construction industries. The company’s delay, quantum, and technical experts bring clarity and resolution to some of the world’s largest and most complex claims and construction disputes. It is focused on building long-term relationships with stakeholders to provide the relevant support to meet their changing business needs. CCi was formed in 1998 and is based in London.

Buy -
Mergr

Product

Company

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