Crawford & Co. on June 15 closed the sale of its unit, Garden City Group LLC, to Epiq.
Garden City Group provides legal administration services for class action, bankruptcy, mass tort, regulatory matters and legal notice programs.
The sale allows Crawford to focus on its core services of providing claims solutions and to invest additional resources in industry solutions, where the company expects significant future growth, according to a news release from Crawford. Epiq will continue to provide ancillary support services to Crawford in support of its claims operations.
Garden City Group will rebrand as Epiq in the fourth quarter, according to a news release from Epiq.
VRA Partners acted as financial adviser to Crawford, while Dentons US LLP acted as its legal adviser. Alvarez & Marsal, Bryan Cave Leighton Paisner LLP, and Davies Ward Phillips & Vineberg LLP served as advisers to Epiq.