Transactions
Focused on the crossroads of insurance,
healthcare services, investment services,
and the technologies that serve those sectors.
YA Group Announces a Majority Investment from THL Partners
Nashville, TN, August 22, 2024/ YA GROUP, an international professional services organization providing forensic consulting, engineering, risk mitigation, and related services, today announced that it will receive a majority investment from THL Partners, a premier private equity firm investing in middle market growth companies. The partnership will help accelerate the Company’s organic growth through investments in its core service areas and support opportunities to expand its platform through strategic acquisitions. YA’s management, employees and current capital partner, CIVC Partners, will retain significant ownership positions in the Company, with management and employees remaining in their current roles.
Founded in 1997 as a property damage consulting firm, YA is recognized as a trusted service provider to global insurance carriers and claims services firms. The Company has over 600 interdisciplinary experts servicing complex and sophisticated client projects across 27 countries.
“As we enter our next stage of growth and innovation, we determined that THL is the right choice for a strategic partner,” said Wade Bushman, CEO, YA. “Their deep proficiency and relationships across the broader insurance industry will prove invaluable as we continue to serve our clients and expand our service offerings in the future. We look forward to partnering with their industry and operating experts to enhance the critical work that we provide for our clients.”
“We regard YA as the market leader in a wide range of complex services that support global insurance markets,” said Ed Shahnasarian, Managing Director, THL. “Their deep expertise, long track record of client success, and outstanding corporate culture make them a critical industry platform. As longtime investors in insurance services and technology, we believe we are well positioned to help the company realize new growth opportunities that will strengthen their position as trusted strategic advisors to their clients.”
“It has been a privilege to partner with Wade and his team over the past several years as they grew YA to become a preeminent consulting and engineering firm,” said Marc McManus, Partner, CIVC. “We are excited to continue this partnership alongside THL, and we look forward to the company’s continued success and accelerated growth trajectory.”
Waller Helms Advisors is serving as financial advisor to THL Partners.