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PE-backed Worley acquires Alacrity

  • Region:

    United States of America

  • Sector:

    Insurance

  • Deal Size:

  • Buy Side Company:

    Worley Claims Services, LLC
  • Sell Side Company:

    Lowe's Companies, Inc.
  • Target Company:

    Alacrity Renovation Services

Worley Claims Services LLC has acquired Alacrity Renovation Services, PE Hub reported. Financial terms of the transaction were not announced. Alacrity Renovation Services is a provider of managed home and commercial property repair and emergency services to insurance carriers, financial institutions, property asset management firms and the real estate market. The seller was Lowe’s Companies Inc. Worley is backed by Aquiline Capital Partners.

Tags:

M&A