Alacrity Services, LLC

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Alacrity Services, LLC - overview

Established

1999

Location

Eugene, OR, US

Primary Industry

Construction

About

Alacrity Services, LLC is a provider of comprehensive property casualty claim solutions, specializing in home restoration and repair services through a robust network of credentialed contractors across the United States. Founded in 1999 in Eugene, US, Alacrity Services specializes in property casualty claim solutions. The company was acquired by Worley Claims Services, LLC in March 2019 from Lowe’s Companies, Inc. Jim Pearl currently serves as CEO.


Alacrity Solutions specializes in comprehensive property casualty claim solutions, focusing on home restoration, mitigation, and repair services. The company leverages a network of pre-screened, credentialed contractors to deliver high-quality services across the United States, providing end-to-end insurance management that includes claims management and property repairs for insurance companies and policyholders. Alacrity Solutions generates revenue through a structured transaction model focusing on B2B partnerships with insurance providers and contractors. The company charges fees for its services, including claims management and network solutions, which are essential for efficient claim resolution.


While specific pricing plans are undisclosed, the structure ensures operational efficiency for insurance firms. Alacrity Services aims to innovate its offerings by developing new product lines tailored to the evolving needs of the insurance industry. The company is also looking to expand its reach into additional geographic markets, with plans for targeted expansion in the Midwest and Southeast regions by the end of 2023. Following the acquisition by Worley Claims Services, LLC in March 2019, funding will be utilized to enhance operational capabilities and support these strategic initiatives.


Current Investors

Alacrity Solutions Group, LLC

Primary Industry

Construction

Sub Industries

Construction

Website

www.alacrityservices.com

Company Stage

Add-on

Total Amount Raised

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Alacrity Services, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAlacrity Services, LLC-

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Alacrity Services, LLC - employee data

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