Lee Equity Partners has acquired KCIC, a Washington, DC-based consulting firm specializing in managing high-value tort-system liabilities and insurance assets for corporate clients. The firm, founded in 2002, helps companies navigate complex litigation challenges and insurance-related risks. No financial terms were disclosed for the transaction.

KCIC's expertise in claims management and risk mitigation aligns with Lee Equity's strategy to expand its Insurance Services platform. Mark Mauceri, a partner at Lee Equity, emphasized the growing importance of expert-driven risk management in the global insurance industry. The acquisition reflects increasing demand for sophisticated solutions to complex liability and insurance challenges.

Jonathan Terrell continues as president of KCIC following the acquisition. The deal positions Lee Equity to capitalize on the expanding market for specialized consulting services in tort liability and insurance asset management. With corporate clients facing increasingly complex litigation and risk exposure, KCIC's capabilities in providing innovative claims solutions and proactive mitigation strategies become more valuable.