CoventBridge Group Makes First Acquisition in U.K.

JACKSONVILLE, Fla., May 17, 2016 /PRNewswire/ -- CoventBridge Group Ltd - formed in March following the merger of GlobalOptions with U.S. full service investigative firm, ICS Merrill - has moved rapidly to make its first U.K. acquisition.

BDL Investigations [BDLI], headquartered in Woking, Surrey has been acquired by CoventBridge Group Ltd.  Founded by Brian Davies in 2005, BDLI has a reputation for delivering prompt results of the highest evidential level and effective, detailed reporting in its claims investigations.  The BDLI team of accredited claims investigators will join the CoventBridge Investigation Division, where Mr. Davies will have executive responsibilities. 

Dave Merrill, CoventBridge Group CEO said: "This acquisition has been finalised in just a matter of weeks since CoventBridge was formed, demonstrating our commitment to our previously announced launch strategy to enhance operations beyond North America.  We are actively working on a series of acquisitions which will enable us to deliver additional service offerings to our customers and increase our footprint in the U.K. and European counter fraud market."

Commenting on the acquisition, Brian Davies principal at BDLI said: "It is with great excitement that we move forward following this acquisition and merge to enhance and deliver a highly efficient and quality claims investigation service to our clients in the U.K.  I am looking forward to working with the CoventBridge executive team."   

CoventBridge's services include insurance claims investigations, surveillance services, in-house counter fraud investigations and complex international investigations.  The company can also provide a scalable outsourcing alternative for insurers wishing to streamline their investigative services into one consistent vendor managed programme, lowering expenses and freeing in-house management time to focus on core business. 

CoventBridge is backed by the London based Harwood Capital LLP, part of the Harwood Capital Management Group, with £973 million funds under management at 31 December 2015.  

Editors notes:

About CoventBridge Group

CoventBridge Group is a full service investigation company providing: Surveillance, SIU and Compliance, Claims Investigation, Counter-Fraud Programs, Desktop Investigations, Social Media, Record Retrieval, Canvasses and Vendor Management programmes.  With offices in the U.K. and U.S. the company provides top tier data privacy and security practices, deploys robust case management technology customized to clients' needs and delivers worldwide coverage via its 1000 employees and affiliates worldwide. 

CoventBridge is the only HIPAA and SOC2-T2 compliant agency in the world.

www.coventbridge.com

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SOURCE CoventBridge Group