Cooperators Financial Services has acquired the parent company of Carson Dunlop & Associates, a consulting and engineering firm that helps homeowners make better-informed decisions about their homes. announced. The company also provides education and reporting software for homeowners. inspection profession.
Financial details of the transaction were not disclosed. The acquisition was completed by a wholly owned subsidiary of Cooperators and includes commercial inspection company Carson Dunlop Weldon & Associates Limited. US franchise network National Property Inspections Inc. GPI Franchise Corp. (collectively “Carson Dunlop”), a Canadian franchise network;
The Carson Dunlop platform performs more than 200,000 tests annually and will continue to operate as it does today under the same brand name.
The cooperative said the acquisition is a milestone in its resilience strategy, which aims to foster more sustainable communities.
“Home-based services are a new line of business for Cor Operators and are perfectly aligned with our purpose. Combining our capabilities with Carson Dunlop will provide an unparalleled inspection experience.” Steve Phillips, Executive Vice President of Emerging and Adjacent Business Models at Operators, explained. “We are committed to participating in the home services industry, and Carson Dunlop is a great fit for our purpose, vision and values.”
A home is likely to be the largest investment a person will make in their lifetime and is increasingly seen as the cornerstone of their financial future. That's why you need the best information and advice when it comes to housing, Carson said. According to the cooperative, Dunlop has been serving customers for nearly half a century.
“I founded my company 46 years ago with the idea of providing trusted, unbiased advice to existing and prospective homeowners,” said Alan Carson, co-founder of Carson Dunlop. I did.” “We demystify homeownership by providing knowledge and peace of mind. We look forward to continuing the Carson Dunlop journey with our collaborators.”
“Co-Operators brings a wealth of experience, relationships and resources to drive growth and long-term value for our stakeholders,” said Craig Rowsell, CEO of Carson Dunlop & Associates. We have found the ideal partner. Our core values are aligned and Cooperators' long-term vision supports our objective of effectively expanding our network and improving the lives of homeowners. We are in a unique position to help fulfill our mission.”
Co-operators Group offers multiple insurance and investment products and services. The company, which has been in business for 78 years, manages more than C$58 billion in assets.
Source: The Co-Operators
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