Deloitte Corporate Finance LLC Advises J.S. Held, Inc. and Held Enloe & Associates, LLC in their Sale to Lovell Minnick Partners LLC - Insurance News | InsuranceNewsNet

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April 29, 2015 Newswires
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Deloitte Corporate Finance LLC Advises J.S. Held, Inc. and Held Enloe & Associates, LLC in their Sale to Lovell Minnick Partners LLC

By a News Reporter-Staff News Editor at Investment Weekly News -- Deloitte Corporate Finance LLC ("DCF") acted as exclusive financial advisor to Roslyn Heights, New York-based J.S. Held, Inc. and Washington, D.C.-based Held Enloe & Associates, LLC (collectively, "Held") in their merger and consequential sale to private equity firm Lovell Minnick Partners LLC ("Lovell Minnick"). Held, a leader in the property insurance and loss consulting market offering litigation and construction scheduling services, engaged DCF to explore various strategic alternatives. The deal closed on March 30, 2015.

http://photos.prnewswire.com/prnvar/20120803/MM52028LOGO-a

"The DCF team was critical in finding us a financial partner with both a strong consulting and insurance sector history, as well as established financial and operational expertise. DCF's deep transaction and industry experience added value throughout the process, enabling us to find an ideal partner to help us realize our long-term vision," said Jon Held, CEO of Held.

"Serving as advisor to one of the nation's foremost construction and insurance consulting companies was a privilege. Through a full financial sponsor process, we were able to assist Held with identifying an experienced and sophisticated partner to help execute Held's strategic growth plan," said Phil Colaco, managing director and Business Services Group lead, Deloitte Corporate Finance LLC.

About J.S. Held, Inc. and Held Enloe & Associates, LLC

Founded in 1974 and headquartered in Roslyn Heights, NY, J.S. Held, Inc., along with related entity Held Enloe & Associates, LLC, are leading specialty consulting firms focused on providing property insurance and loss consulting, litigation and dispute resolution services, and construction and development consulting services to clients in those industries. Held has established itself as a preferred provider of its services and maintains national and regional vendor agreements with many of the world's largest insurers for large-scale disasters and middle-market claims. For more information, visit www.jsheld.com and www.heldenloe.com.

Keywords for this news article include: Deloitte, Investing.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2015, NewsRx LLC

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