Incline Equity Partners buys insurance investigations service provider Command

By Michael Loney

March 27 - (The Insurer) - Private equity firm Incline Equity Partners has acquired Command Investigations, a U.S. provider of insurance investigation services.

Lake Mary, Florida-based Command offers field investigation, intelligence, surveillance, special investigation unit and compliance services. Its customers include insurance carriers, third-party administrators, law firms, governments and other investigative firms.

"Command has earned a strong reputation as a comprehensive provider in a fragmented industry," said Tom Ritchie, partner at Incline.

"Through accelerated M&A we plan to expand the company's high-quality offerings and enter adjacent markets,” he added.

Command CEO Seth Markham said his company will pursue investments in infrastructure to support its national platform.

Pittsburgh, Pennsylvania-based Incline focuses on investing in the middle market, and targets growing companies with enterprise values of $25 million to $750 million.

Incline’s previous investments include the 2019 acquisition of ARMStrong Receivable Management. The provider of commercial accounts receivable management and related insurance services was sold to BharCap Partners in 2023.