Command Investigations LLC, which is backed by Monument MicroCap Partners, has recapitalized Pennsylvania-based Investigations by King LLC, 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 December 9, 2019 its portfolio company, Command Investigations LLC (“Command”) recapitalized Investigations by King, LLC (“IBK”). Founded in 1996 and headquartered just outside of Pittsburgh PA, IBK is an insurance risk management service provider, specializing in investigations of workers’ compensation insurance claim fraud.
“We are very excited and proud to be partnering with Chuck King and his talented team at IBK”, said Rich Perri, President of Command. “Command and IBK provide each other with expanded geographies and complementary services that will enable us to provide a more comprehensive service offering to our clients. We welcome IBK and their clients to the Command family”.
“When considering a partner for IBK, it was critical for us to join forces with an investigative firm that expands our geographic reach and that shares our culture of providing world-class services to our clients”, said Chuck and Gerri King, co-founders of IBK. “Command was a clear choice for IBK and our clients”.
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 niche manufacturing, business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.