Buyout Firm THL Agrees Deal for Forensic Consultancy YA Group

THL Partners has agreed a deal to acquire a majority stake in forensic consulting firm YA Group.

The deal by the leveraged buyout pioneer will see YA’s management, employees and existing backer CIVC Partners retain significant ownership positions, according to a statement Thursday that confirmed an earlier Bloomberg News report.

Financial terms of the transaction weren’t disclosed.

Founded in 1997 as a property damage consulting firm, YA — known as Young & Associates until a re-branding — provides forensic consulting, engineering and risk mitigation to global insurance and claims services firms.

“YA has an incredibly strong value proposition,” ...