The deal will see SCM's core businesses, ClaimsPro, IPG, and Pario, integrated into Davies' global platform, expanding the firm's operations to 22 countries and increasing its annual revenues to approximately $1.4bn. More than 1,500 SCM professionals across Canada and the US will join Davies as part of the transaction. The acquisition strengthens Davies' presence across North America, adding nationwide coverage in Canada and enhancing its risk management, third-party administration, and end-to-end claims capabilities. 'The business is very highly regarded in Canada, and as market leader, this puts us in the #1 spot in this growing and vibrant market,' said Dan Saulter, Group Chief Executive Officer of Davies. 'The deal will allow us to unlock significant growth opportunities, on both sides of the ledger; with SCM clients benefiting from our global reach and wider service offering; and with Davies clients being able to access the best claims and risk solutions teams in Canada.' SCM...
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