Unity Partners invests in Meaden & Moore advisory services unit

Unity Partners has made an investment in the advisory services business of Meaden & Moore, according to PE Hub. The financial terms of the transaction were not disclosed, leaving the size of the stake, valuation and deal structure unreported.

Meaden & Moore is a Cleveland-based professional services firm, PE Hub reported. The firm’s advisory work is focused on forensic services for insurance and legal markets, areas where clients typically require financial analysis tied to claims, disputes or investigations.

PE Hub also reported that Meaden & Moore provides accounting services to small and mid-sized companies. The firm has 15 offices across North America and Europe, giving it a cross-border footprint in professional services.

The transaction gives Unity Partners exposure to an advisory platform serving insurance and legal clients, according to the reported description of the business. Because the disclosed information describes an investment in the advisory services business, rather than a full-company sale, the available details do not establish whether Unity Partners is taking control, a minority position or another form of backing.

No additional transaction details were disclosed in the report. PE Hub did not report management changes, financing terms, advisers to the parties or a closing timetable.

This story draws on original reporting from PE Hub.