ST. LOUIS — November 26, 2013 — Forsyth Capital Investors, LLC, an investment firm targeting the manufacturing and insurance services sectors, announced the acquisition of PT&C Forensic Consulting Services by its current insurance services platform company, Engle Martin & Associates, Inc. This is the first add-on acquisition for Engle Martin since being acquired by Forsyth Capital in April 2011 and accelerates the Company’s growth and diversification in the insurance services sector. PT&C provides a full suite of forensic engineering and fire and explosion origin and cause services both domestically and internationally. These offerings complement the core loss adjusting and third party administration services currently provided by Engle Martin.
“Partnering with PT&C offers the Engle Martin platform a tremendous opportunity to add 115 highly skilled and talented team members providing high quality, complementary services to a comparable customer base of insurance carriers, agents and corporations,” said Kyle Chapman, co-founder of Forsyth Capital and Chairman of Engle Martin. “The two companies already maintain a strong business relationship and the teams are excited to join together to continue developing a market leading, national insurance services platform that will provide the highest level of service to our customers over the long-term.”
Engle Martin’s acquisition of PT&C is the second add-on acquisition completed by a Forsyth Capital portfolio company in 2013 and is directly aligned with the firm’s long-term, platform building investment approach. The Engle Martin and PT&C partnership creates a stronger insurance services platform with an enhanced, more diversified service offering and broader client base.
“The acquisition of PT&C Forensics strengthens our service capabilities for our customer base and significantly expands our technical expertise. Our strategy has always centered on meeting our clients’ needs, and adding these key, complementary services allows us to respond to our customers more effectively,” said John Quinn, President & CEO of Engle Martin.
Headquartered in Atlanta, GA, PT&C Forensics was founded in 2005 and has quickly grown its national presence to include over 35 locations across the U.S. with additional locations planned in 2014. PT&C Forensics’ professional staff is licensed in all 50 states and has assisted its clients with claims in more than 27 countries. President and CEO Grover Davis, along with the existing highly talented executive team, will continue to lead the company, which will maintain its independent management structure.
“We believe our clients will quickly recognize the value of our collective resources,“ said Davis. “Consistent with Engle Martin’s approach, PT&C Forensics’ client-focused model delivers an unmatched combination of quality and service through our team of professionals.”