PHILADELPHIA, March 30, 2015: Morgan Lewis represented private equity firm Lovell Minnick Partners in its acquisition of a majority interest in J.S. Held LLC, a specialty advisory firm providing outsourced consulting services to its insurance industry clients.
Lovell Minnick provides buyout and growth capital to companies in the financial services industry and manages private equity partnerships with committed capital totaling more than $1.2 billion. In conjunction with the investment, Held Enloe & Associates, LLC will combine with J.S. Held, further strengthening J.S. Held’s property loss consulting, litigation and dispute resolution services, and construction and development advisory services. J.S. Held and Held Enloe professionals have served as consultants, expert witnesses, and arbitration panelists on many of the largest and most complex property insurance claims, construction projects and disputes.
Partner Barbara Shander led the team advising Lovell Minnick on the acquisition, with assistance from associates Andrew Budreika and Joshua Loftus, along with partners Richard Zarin, David Fuller, John Ferreira, Harry Robins, Melinda Riechert and Jay Konkel. Partner Michael Pedrick led the team advising on the financing of the acquisition, with assistance from associates Conor Larkin and Crystal Fang.