Lee Equity Partners has successfully closed a $1.6 billion recapitalization of McLarens Global Limited to support its growth strategy and enhance its long-term partnership.

Information on the Target

McLarens Global Limited, established in 1932, stands as the foremost independent provider of technical insurance claims services within the complex commercial insurance landscape. With a robust presence encompassing 170 offices across 43 countries and a workforce exceeding 1,600 professionals, McLarens caters to the needs of major insurance companies, brokers, and multinational corporations. The Company's expertise lies in managing high-severity and technically complex insurance losses, positioning it as a critical player in the industry.

Over its long history, McLarens has significantly expanded its service offerings and geographic footprint. Since forming a partnership with Lee Equity Partners in December 2018, McLarens has tripled its size, driven by both strong organic growth and a strategic approach that includes 18 acquisitions. This growth trajectory illustrates its successful adaptation and response to the increasing complexities of the insurance market.

Industry Overview in the Target’s Specific Country

The insurance services industry in [Target Country] is experiencing significant evolution, characterized by technological advancements and a heightened need for specialized services. With increasing com