Longshore Capital Partners (“Longshore”) is pleased to announce that it has completed the acquisition of a leading multi-line independent insurance adjustment agency, Southwest Adjusters (“SWA”). Headquartered in Dickinson, TX, SWA provides outsourced insurance claim adjusting services nationwide for property, catastrophe, desk and damage appraisal claims. The investment by Longshore puts SWA in a position to expand its leadership as a trusted partner to insurance carriers across the United States.
Randy McFarland, Founder of SWA, commented, “We are excited about partnering with Longshore to fuel our next leg of growth. Longshore brings a partnership approach to the table, providing an understanding of our industry and support for future organic expansion activities and add-on acquisitions.”
Ryan Anthony, Co-Founder and Partner at Longshore, added, “The team at SWA has built an impressive business, serving carriers with a broad scope of services, a deep and talented workforce, and the use of best-in-class technology. We are thrilled about the opportunity to leverage our experience in the space to help SWA accelerate its growth during our partnership.”
If you have questions regarding this transaction or would like to discuss other business services-related opportunities, please contact Ryan Anthony or Nick Christopher of Longshore at (312) 237-3838.
About Longshore Capital Partners
Longshore Capital Partners is a middle-market private equity manager investing out of its inaugural $210 million fund. Longshore acquires control positions in services businesses in North America with $5 to $15 million of EBITDA. The firm has extensive experience partnering with founders and management teams in the lower middle-market and executes a systematic approach to creating shareholder value through a cooperative strategic plan.
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