Leading Public Adjuster Gavnat & Associates Announces Investment Led by GCP Capital Partners
2024年7月24日 - 5:00AM
ビジネスワイヤ(英語)
Gavnat and Associates, a leading public adjuster in the Midwest,
announced it has received a significant investment from GCP Capital
Partners. Founded in 2007 and headquartered in Eden Prairie,
Minnesota, Gavnat represents business and property owners in
connection with their property insurance claims. The investment
will help Gavnat further enhance its offerings and expand
geographically as well as provide capital for growth through
strategic acquisitions.
"This is an exciting day for Gavnat's employees and clients. The
support and capital Gavnat will receive from GCP will help us
accelerate our growth goals. Gavnat combines expert due diligence
with uncompromising ethical standards and we will continue our high
standard of service to our clients," said Jim Pierce, Gavnat’s
founder and CEO.
“We have made several successful investments in the insurance
services industry. As an innovator in the industry with a proven
ability to help clients, we found the perfect platform in Gavnat.
Gavnat has experienced rapid growth, and we are excited to help Jim
and the Gavnat team by providing capital and strategic support for
their future expansion plans," said Boris Gutin, Co-Managing
Partner of GCP.
Gavnat was advised by Sica Fletcher.
About Gavnat
Founded in 2007, Gavnat is one of the largest public adjusting
firms in the Midwest, serving clients who have experienced hail,
fire, storm, and other damage. Gavnat has a strong focus on helping
clients with complex commercial claims and has a growing
residential business. Gavnat provides insurance adjusting as well
as expert testimony and insurance appraisals, advocating on behalf
of homeowners, homeowners associations, businesses and other
property owners.
About GCP Capital Partners
GCP Capital Partners, LLC ("GCP") is a middle-market private
equity investment firm with $1.8 billion in committed capital since
its formation. GCP has completed over 70 transactions since its
inception in 2000. GCP's principals have over 100 years of combined
private equity experience and have substantial personal capital
invested in the funds. GCP has made investments in a number of
industries, including tech-enabled business services and financial
services. GCP has a partnership approach in working with management
teams and takes pride in its reputation for integrity in dealing
with business owners, shareholders, and employees.
For more information about GCP Capital Partners, please visit
www.gcpcapital.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240723830041/en/
Gavnat: info@gavnat.com GCP Capital Partners:
gcpinfo@gcpcapital.com