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Together, CCG IQ and Donan will offer solutions across the insurance industry. (Photo: Adobe Stock) Together, CCG IQ and Donan will have the tools to offer solutions across the insurance industry. (Photo: Adobe Stock)

On Monday, December 20, 2021, CCG IQ, a provider of solutions that enable better insurance and claims decisions, and forensic engineering and investigation firm Donan announced they have agreed to combine. The transaction was officially closed on December 16.

According to a press release, they will partner with leading investment firm New Mountain Capital, which manages over $35 billion in assets. Carousel Capital, which has backed CCG IQ since 2017, will remain a significant minority investor in the merged company.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected]

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