CLEVELAND and DALLAS, November 7, 2025 | Align Capital Partners (“ACP”) recently completed the acquisition of Advantage Investigations (“Advantage” or the “Company”), a national insurance investigative services platform specializing in surveillance, research and related solutions, from MD Holdings. The new partnership will allow Advantage to further advance its growth strategy and technology roadmap, with CEO Shelly Kummings continuing in her role alongside ACP.
Founded in 1998, Advantage Investigations delivers timely, actionable insights to support insurance carriers, TPAs, self-insured companies and law firms nationwide. With over 300 employees and coverage across 45 states, Advantage has established itself as a trusted partner to many of the largest insurance carriers and TPAs in the U.S. The Company leverages its proprietary case management system to streamline the processing and delivery of investigative reports for clients.
“At Advantage Investigations, we have focused on matching the industry’s growth and evolving needs with innovation, collaboration and a relentless focus on results for our clients,” said Kummings. “This new partnership marks a pivotal moment for our team and our clients, enabling us to accelerate our national presence, invest further in our advanced technology platform and deliver even greater outcomes across the broader insurance and investigative services landscape.”
ACP’s investment in Advantage underscores the firm’s strategic focus on outsourcing trends within professional business services. “We are impressed with the Company’s use of technology and AI to date, and are eager to continue supporting Advantage’s innovative blueprint. The powerful combination of technology, operational rigor and a talented team make Advantage the right platform for continued M&A and market expansion,” said ACP Partner Matt Iodice.
Advantage has completed four add-ons since 2020 and alongside ACP, the Company will continue M&A with an initial focus on its core market and into adjacent insurance services. Rob Langley, Stuart Schardin, Sarah Whitney and Sandy Bishop worked alongside Mr. Iodice on the transaction. Align Capital Partners was advised by Calfee, Halter & Griswold LLP, the Company’s Management was advised by Moore & Van Allen and Advantage was advised by Deloitte Corporate Finance LLC and FBFK Law.
Disclosures: This press release is not an offer to sell securities or interests in any fund managed by ACP.