Sdii Global Expands with Acquisition of Roar Engineering
Deal News | Dec 04, 2024 | Kian Capital Partners LLC
Sdii Global, a forensic engineering and consulting firm supported by Kian Capital Partners, has acquired Canadian firm Roar Engineering. This acquisition aims to broaden Sdii's service and geographic footprint, specifically enhancing its reach in North America. Roar specializes in fire and explosion investigations, accident reconstruction, and other engineering disciplines. The partnership will allow both firms to offer enhanced services and maintain high standards of client support. Sdii, initially backed by Kian Capital through a majority investment in 2022, is focused on growing further through strategic acquisitions, while Roar will operate independently yet collaboratively within this expanded framework.
Sectors
- Forensic Engineering and Consulting
- Private Equity
- Insurance
Geography
- North America – The acquisition expands Sdii Global's presence in North America, particularly into Canada.
- Canada – Roar Engineering is based in Mississauga, Ontario, marking an important geographic expansion for Sdii Global with this acquisition.
- USA – Sdii Global is headquartered in the United States and is expanding its services through acquisitions like Roar Engineering.
Industry
- Forensic Engineering and Consulting – Involves engineering analysis and consulting to support claim resolutions in the property and casualty insurance industry.
- Private Equity – Kian Capital Partners is a private equity firm that supports companies like Sdii Global in their growth strategies.
- Insurance – The services provided by Sdii Global and Roar Engineering are primarily aimed at supporting the property and casualty insurance industry.
Financials
- Not Specified – The financial details of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sdii Global, LLC | Target Company | Company | A forensic engineering and consulting firm supporting claim resolution for the property and casualty insurance industry. |
| Roar Engineering Inc. | Selling Company | Company | A Canadian forensic engineering firm specializing in investigations supporting insurance claims and disputes. |
| Kian Capital Partners LLC | Private Equity Firm | Company | A private equity firm backing Sdii Global's strategic growth and acquisition efforts. |
| Scott Buschmann | Partner at Kian Capital | Person | Spoke about the alignment of the acquisition with Sdii's growth strategy. |
| Catherine Carty | President of Sdii Global | Person | Highlighted the synergies and growth potential from the partnership with Roar Engineering. |
| Michael Rochon | Co-Founder and Co-CEO of Roar Engineering | Person | Expressed satisfaction in finding a partner that shares similar high standards for customer service. |
| Vincent Rochon | Co-Founder and Co-CEO of Roar Engineering | Person | Commented on the expanded client benefits and geographic reach resulting from the partnership. |