May 24, 2022
For Immediate Release
Monument MicroCap Partners, LLC (“Monument”), a Midwest-based private equity firm, announced today that its portfolio company, Command Investigations LLC (“Command”) completed the recapitalization of Specialized Investigations (“SI”). Based in Simi Valley, CA, Specialized Investigations is a full-service investigative agency with primary territories in California, Arizona, Washington, Oregon, Texas, and Idaho. SI has six offices and over 70 operatives strategically located throughout all six states. It also conducts investigations nationwide through an established network of investigation agencies and national information sources.
Command President, Seth Markham said, “The Command team is thrilled to partner with Richard Harer and the amazing group of professionals at Specialized. Their reputation for excellence earned over 40 years in California and other western states gives us greater credibility in the region, and our combined group will only enhance the services and coverage provided to both client bases.”
This collaboration will further expand Command’s coverage area on the west coast and its service offerings, to include a more robust SIU Compliance division, while expanding SI’s reach across the country. With this partnership, Command and SI’s surveillance and remote surveillance programs will expand to over 33 states.
“Command and Specialized Investigations are a great partnership and a commanding force for change in the industry,” said Richard Harer, Executive Vice President of Specialized Investigations.
SI represents the third add-on acquisition by Command since its recapitalization by Monument in May 2019. In December 2019, Command recapitalized Investigations By King, LLC, an investigations business located just outside of Pittsburgh PA. In August 2020, Command recapitalized Discovery Surveillance, Inc. with offices in Albuquerque, NM and Richmond, TX.
About Specialized Investigations, Inc.
Specialized Investigations was established in 1981 as a full-service investigative agency. SI’s lines of business include Workers’ Compensation, Auto, Property, Home, Liability, Casualty, Commercial, Disability, Medical, Employment, Financial, and SIU. SI’s management team has over 100 years of combined experience. SI is based in Simi Valley, CA and has six offices and over 70 operatives strategically located throughout six states.
About Command Investigations, LLC
Based in Lake Mary, Florida, Command Investigations is a full-service private investigation company that offers a full suite of investigative services, including Surveillance, Remote Surveillance, Background Investigations, Medical Canvasses, Social Media Investigations, Field Investigations, and SIU Services to the insurance defense community. Command is best known for its unparalleled customer service and unrivaled investigative knowledge and experience. With offices in Florida, California, New Mexico, Texas and Pennsylvania, Command offers services nationwide.
About Monument MicroCap Partners, LLC
Monument is a Midwest-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.