After more than three decades in business with its expertise in commercial investigations and business risk solutions, Logan-based Verifact Investigations has been acquired by global security and detective agency Pinkerton for an undisclosed sum.
Verifact was founded in 1990 by Dan Crowley, formerly an undercover cop with the Queensland Police Service (QPS) and rugby union player with the Queensland Reds and the Wallabies, taking part in three World Cups.
His firm was able to achieve a national presence through organic growth, mergers, and acquisitions.
This includes the merger in 1996 with an investigations business built by former NSW Detective Senior Constable Jarrod Bowditch, who is the company's other director alongside Crowley.
The strategic acquisition is expected to allow Pinkerton to expand services to new clients across Australia, and bolster its investigative capabilities.
"As Verifact joins Pinkerton, a longtime leader in the security space, our clients will benefit from the resources and experience of this global company, as well as their expertise in risk management and beyond," says Crowley, Verifact's majority owner prior to the sale.
Adam Chambers, managing director for Pinkerton's Asia Pacific South unit, says the global group will leverage Verifact's national reach, experienced personnel, expansive network and dedicated investigation to deliver even greater value to current and future clients.
"Verifact Investigations has a proven track record of more than 30 years of operating across Australia," says Chambers.
"Verifact's team of skilled professionals and deep roots in the insurance investigations space makes it an ideal complement to Pinkerton's investigations and risk work in Australia."
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