Kian Capital Transaction Announcement – Sdii Global Corporation
April 2016: Kian Capital is pleased to announce that it has invested $8.0 million of senior secured debt to support the management-led buyout of Sdii Global Corporation (“SDII” or the “Company”) from the Company’s founder. SDII, based in Tampa, Florida, is a forensic consulting firm focused on providing engineering and geological claim resolution services for the property and casualty (“P&C”) insurance industry. The Company offers expert services in forensic geology, structural engineering, geotechnical engineering, hydrogeology, geophysics, and water resources, as well as litigation support services. This breadth of forensic services, coupled with SDII’s proprietary processes and web-based information systems, provide timely and definitive answers to clients’ claim resolution needs. SDII is currently licensed to perform forensic engineering services in 40 states.
Catherine Carty, President and CEO at SDII, said “Robert Windschauer founded SDII with a stated mission to become our clients’ foremost source of experts and a partner of choice to solve complex problems. Chris Casagrande, our CFO, and I are dedicated to continuing this mission and we are delighted to partner with Kian for this exciting next chapter in the Company’s history. We are very committed to the Company’s ongoing success and believe Kian’s board-level experience will provide us with critical strategic and operational guidance as we capitalize on the Company’s many growth opportunities.”
Scott Buschmann, Partner at Kian Capital, said “SDII’s management team has done a tremendous job of positioning the business as an industry leader within the forensic engineering arena with unparalleled technical expertise and the highest level of proactive customer service. Catherine Carty and Chris Casagrande have helped to build an incredibly strong company that is poised for additional growth and we are pleased to support them as they continue to build upon the Company’s great reputation and execute on their vision for growth.”
More information about SDII can be found by visiting www.sdii-global.com.
About Kian Capital
With offices in Atlanta, GA and Charlotte, NC, Kian Capital is a licensed Small Business Investment Company ("SBIC") with $150 million of capital under management. Kian makes mezzanine debt and equity investments in leading lower middle-market companies across a broad range of industries, typically providing between $5 million and $15 million of capital per transaction. We partner with management teams, independent sponsors and private equity firms to build and grow successful, high-quality businesses. Our team has deep expertise across the capital structure, including control private equity, mezzanine debt and leveraged senior debt, which enables us to be flexible, value-added partners to help support the long-term objectives of business owners.