Sun Acquisitions is pleased to announce the sale of a full-service forensic engineering services company, based in the Greater Chicago Area.
The company offers a variety of services including assisting in the investigation, analysis and resolution of insurance claims. They also offer engineering consulting services, expert witness testimony, evidence storage and data recovery services. They have built long-term and loyal relationships with their clients, which include insurance carriers, law firms, and adjustment firms. The company has developed a fantastic reputation in the field of property and casualty claims over their 23 years in business.
There are many opportunities present for the new ownership to continue the growth of this company including: expanding geographically, increasing online marketing efforts, establishing a dedicated sales team, and adopting the new technology present in the industry to capture additional clients. Through marketing the business for sale, Sun Acquisitions generated over 25 inquires on the business, which led to 4 qualified buyers and 2 final offers. The business was acquired by a company currently in the industry conducting a strategic growth acquisition.
Tony Schiappa was the lead advisor and managed all aspects of this client engagement. Tony is the Chief Business Development Officer and Senior Advisor for Sun Acquisitions. He is a seasoned executive with experience in sales, negotiation and operations as he has personally taken a company from inception to sale.