VeriClaim, A Portfolio Company Of Silver Oak Services Partners, Completes Add-On Acquisition

Mar. 01, 2007 -Portfolio Company News

VeriClaim, Inc., a portfolio company of Silver Oak Services Partners, LLC, announced that it has completed the acquisition of Dallas, Texas-based Unified Investigations & Sciences, Inc. Unified becomes a part of VeriClaim, Silver Oak’s insurance claims services platform, which was created with the acquisition of VeriClaim, Inc. in 2006.

Unified is one of the leading independent cause and origin fire investigation firms in the U.S. The company provides forensic engineering and investigations services and scene assessments for residential and commercial losses to a broad and diversified blue-chip customer base of leading insurance companies. Unified, which was founded in 1995 and has a nationwide presence with over 140 employees in 14 service centers covering 49 states, will continue to be led by its existing management who have been instrumental to the company’s success. “We are very pleased to partner with Unified’s management team and capitalize on the company’s significant growth opportunities,” says VeriClaim CEO Mike Arbour. “This is an exciting time for both VeriClaim and Unified, as we continue to grow our businesses and expand our market opportunities.”

Silver Oak and management intend to build the VeriClaim platform into a leading claims services company with a focus on property, marine and casualty claims businesses. The company, which includes the Toplis & Harding brand name, has a strong reputation in the marketplace and long-standing relationships with nearly all leading commercial insurance underwriters and brokers as well as a majority of Fortune 500 companies. In pursuing its growth strategy, VeriClaim is also actively looking for add-on acquisitions of complementary claims services businesses.

Please contact Mike Arbour of VeriClaim or Greg Barr or Jeff Mann of Silver Oak for additional information.

Silver Oak Services Partners, LLC, whose principals have more than 50 years of collective private equity experience, invests in business, consumer and healthcare services companies in the lower middle market, typically with revenue between $15 million to $150 million.