Deloitte Advises J.S. Held, Held Enloe in Sale
Deloitte acted as exclusive financial advisor to J.S. Held and Held Enloe & Associates in a merger and consequential sale to private equity firm Lovell Minnick Partners. Held engaged Deloitte to explore various strategic alternatives. The deal closed on March 30, 2015.
“The DCF team was critical in finding us a financial partner with both a strong consulting and insurance sector history, as well as established financial and operational expertise. DCF’s deep transaction and industry experience added value throughout the process, enabling us to find an ideal partner to help us realize our long-term vision,” said Jon Held, CEO of Held.
“Serving as advisor to one of the nation’s foremost construction and insurance consulting companies was a privilege. Through a full financial sponsor process, we were able to assist Held with identifying an experienced and sophisticated partner to help execute Held’s strategic growth plan,” said Phil Colaco, managing director and Business Services Group lead, Deloitte Corporate Finance LLC.
Roslyn Heights, NY-headquartered J.S. Held, along with related entity Held Enloe & Associates, are specialty consulting firms focused on providing property insurance and loss consulting, litigation and dispute resolution services, and construction and development consulting services to clients in those industries.
Lovell Minnick is an independent private equity firm.