Deloitte Corporate Finance LLC acted as exclusive financial advisor to Charlotte, North Carolina-based Consolidated Claims Group, LLC (CCG) on its recapitalization with Carousel Capital (Carousel). CCG is a provider of independent, tech-enabled specialty claims investigation services for residential and commercial insurance carriers. The transaction closed March 31, 2017.

Founded in 2011 with the goal of making the process of investigating HVAC and electronics claims more accurate and efficient, CCG offers its insurance carrier customers a complete suite of claim investigation tools executed through its technology platform and networked operating model deploying independent technicians. CCG’s one of a kind technology platform serves as a common connection point between insurance carriers, claims adjusters and HVAC and electronics technicians nationally and its highly skilled claims operations team. Most importantly the CCG network allows insurance partners to become more efficient while enhancing the customer service experience for policyholders.

“Partnering with Carousel will offer resources and expertise we can leverage to further propel our growth trajectory,” said Damon Stafford, co-founder and chief executive officer of Consolidated Claims Group, LLC. “Deloitte Corporate Finance’s insurance sector experience and guidance throughout the transaction process helped us achieve an outcome that exceeded our expectations.”

“Tech-enabled insurance services like CCG are disrupting the insurance industry,” said Eric Andreozzi, managing director, Deloitte Corporate Finance LLC.