Momentum Engineering Corporation (“Momentum” or “the Company”), a consulting firm specializing in vehicular accident reconstruction and forensic engineering, has successfully completed the sale of its business to Young & Associates, an international property damage consulting firm.
Diamond Capital Advisors served as investment banker to Momentum by initiating the transaction, assisting in negotiations, and acting as financial advisor. Diamond Capital Advisor’s deal team was led by Managing Partner David Herman and included Shawn Thompson and Nicholas Berquist.
Diamond Capital worked hard to match us with the right partner who would open our staff and company to opportunities for expedited growth. David and the team supported us through the negotiations, diligence and pre-deal integration activities that enabled the transaction to succeed.
Momentum is a forensic engineering firm that specializes in accident reconstruction, litigation graphics and animations. Since its founding in 2008, the corporation has expanded from its headquarters in Torrance to 3 other regional offices to offer its accident site laser scanning, accident reconstruction and graphics rendering to more lawyers and insurance-based clients.
About Young & Associates
Young & Associates is an International Property Damage Consulting Firm founded in 1997 in Southern California. The team provides damage assessments and consulting services to the insurance industry and has expanded to over 320 consultants in the US, UK, and Mexico.
About Diamond Capital Advisors
Diamond Capital Advisors is a boutique middle-market investment banking firm located in Century City that performs a full range of investment banking services including mergers and acquisitions, valuations, and capital raises. Visit our website to learn more about our areas of expertise and to get in touch with an investment banker.