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Deal set to introduce new line of service to group’s portfolio
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Specialist skilled providers group Davies has introduced its acquisition of Matson, Driscoll & Damico (MDD), a forensic accounting agency.
The acquisition positions MDD as a brand new pillar inside Davies’ International Options division, introducing a worldwide forensic accounting service line to the corporate’s portfolio. International Options, which already encompasses Davies’ Consulting, Expertise, and Insurance coverage Options companies, is spearheaded by CEO Mark Grocott.
The inclusion of MDD’s forensic accounting experience is about to broaden Davies’ service choices, enabling entry to unbiased forensic options throughout 5 continents. MDD has knowledgeable workforce of over 330 serving greater than 1,000 purchasers worldwide from over 40 places of work spanning North America, Latin America, Europe, Asia, and Australasia.
Paul McGowan, CEO of MDD, will instantly report back to Grocott and will likely be included within the International Options government management workforce.
“In Davies, now we have discovered a like-minded enterprise providing expanded skilled development alternatives for our workers, enhanced capabilities to raised serve our purchasers via continued enlargement throughout world markets, funding in expertise pushed options, whereas sustaining a platform to draw equally aligned entrepreneurs,” McGowan mentioned.
Dan Saulter, group CEO of Davies, welcomed the MDD workforce, praising their worldwide standing in forensic accounting and their observe file of delivering excellent outcomes for purchasers within the insurance coverage sector and past.
“This deal is an extra demonstration of our ambition so as to add new capabilities, spend money on pioneering applied sciences, and in high expertise the world over to offer our purchasers with end-to-end providers throughout your complete insurance coverage lifecycle, with Davies as their strategic associate,” Saulter mentioned.
With MDD’s integration, Davies now has a worldwide workforce of 8,000 throughout 20 nations, together with vital operational centres within the UK and the US, and a strengthening presence within the Asia-Pacific area.
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