Kian Capital’s Forensic Engineering Platform Sdii Global Expands with Roar Engineering Acquisition
Dec 04, 2024
Kian Capital-backed Sdii Global, LLC (“Sdii”), a forensic engineering and consulting firm primarily supporting claim resolution for the property and casualty (“P&C”) insurance industry, completed the acquisition of Roar Engineering Inc. (“Roar”).
Founded in 2015 and based in Mississauga, Ontario, Roar Engineering is a leading Canadian forensic engineering firm providing comprehensive investigations and reports to help clients successfully navigate insurance claims and disputes. The Roar team brings trial-tested expertise across numerous engineering disciplines, enabling it to serve as a one-stop-shop solution for its customer base.
As a combined platform, the duo represents an industry-leading forensic engineering services provider, offering considerable geographic and portfolio breadth and depth while maintaining the outstanding reputation of excellence each firm has earned. Roar and Sdii will continue to operate independently while sharing cross-platform resources to further enhance client outcomes.
“Roar and Sdii share a foundational and ever-present commitment to providing clients with high-quality expert support through world-class investigative techniques and meticulous reporting,” said Roar Co-Founder and Co-CEO Michael Rochon. “It was important for Roar to find a partner that held itself to the same high customer service standards, and we’re proud to say we found that in Sdii.”
“With the establishment of the partnership, Roar and Sdii will be able to offer increased client benefits with deeper expert resources, a larger geographic footprint and a continued emphasis on rapid response times, furthering our commitment to providing a top-tier client experience,” added Roar Co-Founder and Co-CEO Vincent Rochon.
Moving forward, the business plans to continue growing its geographic presence and portfolio of services through organic and strategic M&A efforts. The acquisition expands the platform into Canada, and the team will continue to deepen its North American presence in the years to come.
“In addition to large-scale geographic coverage, Roar brings diversification to the platform’s portfolio with its focus on fire and explosion investigation, accident reconstruction, electrical engineering, metallurgical engineering, environmental engineering and mechanical engineering, which complement Sdii’s core civil, structural, environmental and geotechnical business lines nicely,” said Sdii President Catherine Carty. “We’re thrilled to establish this partnership that will foster growth in these areas and expand service offerings for clients across Canada and the U.S., which will now include solutions for the automobile and marine sectors of the P&C industry.”
Kian completed a strategic majority investment in Sdii in 2022, but the firm has supported the company’s strategy since 2016, when it provided senior secured debt to facilitate a management-led buyout.
“This partnership perfectly aligns with Sdii’s growth strategy,” said Kian Partner Scott Buschmann. “Adding Roar to the portfolio expands Sdii’s geographic presence and service line offerings, driving us one step closer to our mission of growing from a regional leader to a national leader with international reach.”
Sdii is actively seeking additional partnerships with founders in forensic engineering and consulting, including electrical, mechanical and structural forensic engineering, fire and explosion investigation, accident reconstruction, failure analysis, biochemical and human factors engineering and building consulting. Business owners interested in learning more should contact David Duke, Partner, Business Development at Kian, at dduke@kiancapital.com.
Disclaimer
This article does not constitute an offer to sell or the solicitation of an offer to purchase any investments or securities, including any securities of Kian Capital (“Kian”), or any funds or accounts managed or advised by Kian in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.
Any such offer or solicitation may be made only by means of the delivery of a confidential private offering memorandum (the “Memorandum”), which will contain material information not included herein regarding, among other things, information with respect to risks and potential conflicts of interest, and other offering and governance documents of any given fund or account (collectively with the Memorandum, the “Fund Documents”).
In addition to large-scale geographic coverage, Roar brings diversification to the platform’s portfolio with its focus on fire and explosion investigation, accident reconstruction, electrical engineering, metallurgical engineering, environmental engineering and mechanical engineering, which complement Sdii’s core civil, structural, environmental and geotechnical business lines nicely. We’re thrilled to establish this partnership that will foster growth in these areas and expand service offerings for clients across Canada and the U.S., which will now include solutions for the automobile and marine sectors of the P&C industry.