Lee Equity Partners announced the acquisition of KCIC, a Washington, DC-based consulting firm that helps corporate clients manage complex litigation liabilities, insurance assets and risk-related data challenges.
The transaction expands Lee Equity’s Insurance Services platform and is intended to strengthen KCIC’s growth strategy while enabling the firm to deliver more technology-enabled solutions to corporate clients and their legal counsel.
Founded in 2002, KCIC provides consulting and analytics services designed to help organizations manage high-value tort-system liabilities and insurance-related risks. The firm combines subject matter expertise with proprietary technology, including its Ligado software platform, which helps clients analyze insurance coverage, forecast liabilities and allocate risk exposure. KCIC also develops custom solutions tailored to clients’ litigation, data and risk-management needs.
Lee Equity said the acquisition reflects increasing demand across the insurance industry for specialized claims analysis, risk management expertise and technology-driven solutions as litigation and risk exposures grow more complex.
KCIC will join Lee Equity’s broader insurance services platform, which includes several specialty risk and claims management companies. These companies operate independently while benefiting from shared strategic support and resources from the private equity firm.
Lee Equity, a middle-market private equity firm focused on financial and healthcare services investments, said it intends to support KCIC’s continued expansion and technology development following the transaction.
The firm has a long history of investing in insurance-related businesses, including companies such as Captive Resources, K2 Insurance, Simplicity Group, Axis Insurance and Arcadian Risk Capital. Within its Insurance Services platform, Lee Equity also owns claims and risk services firms including McLarens and Halliwell.
KCIC leadership said the partnership will provide additional capital and operational scale to accelerate the company’s strategic growth while maintaining the firm’s focus on serving clients with independent advisory expertise.
KEY QUOTES
“The expansion of our Insurance Services platform reflects our conviction in the growing importance of expert-driven claims and risk management across the global insurance industry. As risk becomes increasingly more complex and expensive, clients demand deeper insight into risk exposure, innovative claims solutions, and proactive mitigation strategies. KCIC’s combination of complex litigation expertise and industry-leading technology positions the Company exceptionally well to capitalize on these trends, and we look forward to supporting its continued growth.”
Mark Mauceri, Partner, Lee Equity Partners
“This transaction represents a significant investment in KCIC’s future, providing the capital and operational scale to accelerate our strategic growth. We are delighted to join the Lee Equity Insurance Services portfolio companies while continuing to serve our clients with the independence and core values that have long defined our brand.”
Jonathan Terrell, President, KCIC
