Davies, a leader in professional services and technology for insurance and regulated markets, announced the acquisition of Matson, Driscoll & Damico (MDD), a top international forensic accounting firm. MDD, known for its expertise in economic damage assessment across various sectors, brings over 330 professionals from more than 40 locations worldwide to Davies. This move is set to enhance Davies' Global Solutions division by introducing a global forensic accounting capability. Paul McGowan, CEO of MDD, will join Davies' executive team under the leadership of Mark Grocott.

The partnership is aimed at expanding professional growth opportunities for MDD's employees and enhancing client service capabilities through technology-driven solutions and global market expansion. Over the last decade, Davies has achieved significant growth through targeted mergers and acquisitions, enhancing its capabilities, technology investment, and geographical reach.

The integration of MDD into Davies will allow the firm to offer comprehensive forensic accounting services to clients in the insurance sector and other highly regulated industries across five continents. This addition aligns with Davies' strategy to provide end-to-end services throughout the insurance lifecycle. Post-acquisition, Davies now has 8,000 employees across 20 countries, serving over 1,500 clients in insurance, financial services, and the public sector.