BV Investment Partners Acquiring Alacrity Solutions’ Managed Repair Division
Alacrity Solutions is selling Alacrity Network Solutions, its managed repair division, to BV Investment Partners.
The company said the transaction is part of its long-term strategy to sharpen its operational focus and its investment in technology-driven capabilities across its core service lines.
Alacrity, based in Fishers, Indiana, is an independent provider of insurance claims management services.
BV Investment Partners, headquartered in Boston, Massachusetts, is a private equity firm focused on the tech-enabled business services sectors. The company announced this month that it has completed fundraising for BVIP Fund XII at its hard cap of $2.4 billion, exceeding its initial target of $2.0 billion.
Popular Today
- Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
- Edison Sues LA County Over Fire Deaths for Delayed Alerts
- First Brands Judge Approves Examiner to Probe Fraud Allegations
- LA Fire Survivors Got a Rude Surprise That Could Hit More Americans
Popular This Month