Davies to buy Canada claims leader SCM as its PE backers join share roster
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
  • Free trial
  • Log in
All Topics
Industry topics
M&A

Davies to buy Canada claims leader SCM as its PE backers join share roster

The transaction is Davies’ largest strategic M&A addition to date.

By Rebecca Perkins
November 10, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
SCM office building in Thornhill, Ontario, Canada. SCM Insurance Services.png

Financial services company Davies Group has entered an agreement to acquire Canadian claims processing and risk solutions provider SCM Insurance Services (SCM) in a deal that will see SCM’s existing institutional shareholders – Warburg Pincus and TorQuest Partners –...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Service provider North America Private equity
Gift this article