Global insurance loss adjuster McLarens Young International is merging with aviation loss adjuster Airclaims of the United Kingdom.
While both companies will continue to operate under their own brands, Airclaims will become a fully owned entity operating within the McLarens Young International group, which is based in Atlanta.
San Francisco-based Altamont Capital Partners provided capital for the transaction. McLarens is the firm’s third investment from its inaugural investment fund. The merger includes the full purchase of shares from Private Equity firm LDC, the largest single shareholder in Airclaims since backing an management buyout in 2005.
Topics Georgia
Was this article valuable?
Here are more articles you may enjoy.
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 

