Young & Associates acquires construction claims consultancy Guardian

29 June 2023 Consulting.us

Young & Associates (YA), a Nashville-headquartered property consulting firm, has acquired Guardian Group, a Los Angeles-headquartered construction claims consulting firm.

Founded in 1989, Guardian’s construction, engineering, and claims investigations professionals provide technical expertise to clients in the surety, insurance, and legal industries. The firm delivers services in surety bond claims (both contract and commercial), construction defects, property and casualty claims, claims management, construction management, and environmental claims and advisory services.

Guardian has 22 employees listed on Linked and eight offices across the country.

YA’s acquisition of Guardian will add significant resources in technical construction, engineering, claims investigation, and claims administration.Young & Associates acquires construction claims consultancy Guardian"This partnership with Guardian is a key step forward in expanding our professional services and consulting capabilities," said Wade Bushman, CEO of YA. "Guardian is known for its technical expertise and outstanding service delivery. We could not be more excited to have the Guardian team join YA."

Guardian will operate as a subsidiary of YA, with the acquired firm’s existing management team continuing to oversee strategic and day-to-day operations. Guardian's existing client managers will also remain in place.

"Now, as a result of our partnership with YA, we can provide clients with greater national and international coverage, a deeper technical bench, and enhanced claim service capabilities," said Todd Bauer, president of Guardian.

The transaction follows YA’s February 2023 acquisition of Momentum Engineering, a Los Angeles-based consulting firm specializing in accident reconstruction and investigations.

YA was founded in 1997 and provides building damage assessments and forensic and investigative consulting services to the insurance industry and public and private sector clients.

The firm has more than 500 employees across offices in the US, Mexico, and the UK.