Command Investigations LLC, a portfolio company of Monument MicroCap Partners LLC, has recapitalized New Mexico and Texas-based Discovery Surveillance Inc, an insurance risk management service provider. No financial terms were disclosed.
Indianapolis, IN. Monument MicroCap Partners, LLC (“Monument”), an Indianapolis-based private equity firm, announced today that on August 10, 2020 its portfolio company, Command Investigations LLC (“Command”) recapitalized Discovery Surveillance, Inc. (“Discovery”). With offices in Albuquerque, NM and Richmond, TX, Discovery is an insurance risk management service provider, specializing in investigations of workers’ compensation insurance claim fraud.
“We couldn’t be more excited to be partnering with Seth Markham and David Martinez and the talented team at Discovery”, said Rich Perri, President of Command. “The combination of our businesses will provide clients with an expanded geographic reach and complementary services that will enable us to provide a more comprehensive service offering. We welcome Discovery and their clients to the Command family”.
“As we continued to build Discovery, it was critically important for us to join forces with an investigative firm that would provide our clients with broader geographic coverage and that shares our commitment to providing world-class services to our clients”, said Seth Markham and David Martinez of Discovery. “Command is the perfect fit for Discovery and our clients”.
Discovery represents the second recapitalization by Command in nine months. In December 2019, Command recapitalized Investigations By King, LLC, an investigations business located just outside of Pittsburgh PA.
About Command Investigations, LLC
Founded in 2012 and headquartered in Lake Mary FL, Command offers its customers a comprehensive suite of investigative services, including surveillance, field investigations, cyber and background investigations, national risk management, national vendor management, compliance and anti-fraud special investigations, that are designed to reduce the cost of fraudulent insurance claims.
About Monument MicroCap Partners, LLC
Monument is an Indianapolis-based private equity firm focused on investments in North American businesses with EBITDA of $1-5 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment. Please contact Bob Erwin at Monument (firstname.lastname@example.org) for additional information.