GAB Robins, a provider of loss adjusting and claim management services, is selling its international subsidiaries as well its forensic engineering unit, EFI Global, Inc., to Cunningham Lindsey.
The company announced the news this week, saying that the decision to sell these units will allow it to focus on its core strengths in the North American property and casualty market while continuing to meet the loss-adjusting needs of its customers. The deal excludes the company's U.K. business, which could be purchased by the unit's management from GAB's majority owner, Brera Capital Partners, LP, and operated under the name GAB Robins U.K. Limited.
Cunningham Lindsey Group Limited, LLC, which provides similar, third-party adjustment services as GAB Robins, was announced as the buyer of both the international subsidiaries and EFI Global. According to its web site, EFI Global provides forensic engineering, fire investigation, environmental, and specialty consulting services for commercial, industrial, institutional, insurance, government, public, and private entities.
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