ACP Completes Growth Capital Investment in Advantage Investigations

DALLAS & CLEVELAND--(BUSINESS WIRE)--Align Capital Partners (“ACP”) recently completed the acquisition of Advantage Investigations (“Advantage” or the “Company”), a national insurance investigative services platform specializing in surveillance, research and related solutions, from MD Holdings. The new partnership will allow Advantage to further advance its growth strategy and technology roadmap, with CEO Shelly Kummings continuing in her role alongside ACP.

Founded in 1998, Advantage Investigations delivers timely, actionable insights to support insurance carriers, TPAs, self-insured companies and law firms nationwide. With over 300 employees and coverage across 45 states, Advantage has established itself as a trusted partner to many of the largest insurance carriers and TPAs in the U.S. The Company leverages its proprietary case management system to streamline the processing and delivery of investigative reports for clients.

“At Advantage Investigations, we have focused on matching the industry’s growth and evolving needs with innovation, collaboration and a relentless focus on results for our clients,” said Kummings. “This new partnership marks a pivotal moment for our team and our clients, enabling us to accelerate our national presence, invest further in our advanced technology platform and deliver even greater outcomes across the broader insurance and investigative services landscape.”

ACP’s investment in Advantage underscores the firm’s strategic focus on outsourcing trends within professional business services. “We are impressed with the Company’s use of technology and AI to date, and are eager to continue supporting Advantage’s innovative blueprint. The powerful combination of technology, operational rigor and a talented team make Advantage the right platform for continued M&A and market expansion,” said ACP Partner Matt Iodice.

Advantage has completed four add-ons since 2020 and alongside ACP, the Company will continue M&A with an initial focus on its core market and into adjacent insurance services. Rob Langley, Stuart Schardin, Sarah Whitney and Sandy Bishop worked alongside Mr. Iodice on the transaction. Align Capital Partners was advised by Calfee, Halter & Griswold LLP, the Company’s Management was advised by Moore & Van Allen and Advantage was advised by Deloitte Corporate Finance LLC and FBFK Law.

About Advantage Investigations

Headquartered in Charlotte, North Carolina, Advantage Investigations is a provider of insurance investigative services that helps clients validate the legitimacy of claims, identify and reduce fraud, control financial losses and support accurate claims resolutions. The Company’s nationwide network of in-house investigators delivers timely and actionable surveillance and research services to a diversified base of national and regional clients. For more information, visit advantageinvestigations.com.

About Align Capital Partners

Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to help create shared success. ACP manages $1.8 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.

Disclosures: This press release is not an offer to sell securities or interests in any fund managed by ACP. The statements quoted above were made by persons who are not clients of ACP and they have not received compensation for the above statements. These statements are solely their opinion and representative of their experience with ACP.