Deloitte Corporate Finance LLC Advises Donan Solutions, LLC on its Divestiture of HVAC Forensics to Consolidated Claims Group, LLC
CHARLOTTE, NC, April 6, 2018 — Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Louisville, Kentucky-based Donan Solutions, LLC (Donan) on its divestiture of HVAC Forensics to Consolidated Claims Group, LLC (CCG), a portfolio company of Carousel Capital. Donan is a leading provider of independent claims investigation services and forensic engineering services for residential and commercial insurance carriers. The transaction closed Jan. 31, 2018.
Founded in 1947, Donan is one of the largest forensic investigation firms in the United States, with offices across the country and diverse service offerings, including forensic engineering, fire investigation, component testing, litigation support and unmanned aerial vehicle (UAV) services.
“Donan’s HVAC Forensics division offers a comprehensive suite of HVAC objective assessment services for residential and commercial insurance carriers. HVAC Forensics strives to provide conclusive, unbiased and accurate HVAC forensic investigation services with efficient turnaround times and best-in-class customer service. We were pleased that our strong reputation for quality service, technical expertise and efficient turnaround times was so attractive during this process,” said Lyle Donan, chief executive officer
“CCG’s acquisition of HVAC Forensics expands the depth of the technician network and customer portfolio of one the nation’s leading providers of HVAC damage assessments for insurance claims in an industry where focus on technical expertise, efficient turnaround times and customer service is paramount,” said Eric Andreozzi, managing director, Deloitte Corporate Finance LLC. “This transaction represents the second deal in the high growth insurance services sector for Deloitte Corporate Finance in the past year.”
About Donan Solutions, LLC
Based in Louisville, Kentucky, Donan is dedicated to delivering comprehensive, unbiased and accurate forensic investigation services, with a focus on technical expertise, industry-leading turnaround times, and high-quality customer service. Donan offers a large variety of services, including Forensic Engineering, Fire Investigation, Component Testing, Litigation Support, and UAV Services to residential and commercial insurance carriers across all 50 states. For more information, visit https://donan.com/.
About Consolidated Claims Group, LLC
CCG is a leading provider of specialty claims investigation services, processing technology
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms,
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