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Morgan Partners Advises Bees360 on the Sale of its Claims Division to Eberl Claims Service

Morgan Partners Advises Bees360 on the Sale of its Claims Division to Eberl Claims Service
We could not be more pleased with our selection of Morgan Partners to represent us. The carve-out of our claims division was a highly complex transaction and Morgan Partners did a fantastic job bringing the most qualified buyers to the table and helping them understand the value of our technology and team. Their unmatched knowledge of the insurance industry was invaluable and the team worked tirelessly from start to end. We give Morgan Partners our strongest recommendation. Andy Liu CEO & Co-Founder, Bees360, Inc. Andy Liu
April 01, 2025

WELLESLEY, MA, April 1, 2025 – Morgan Partners is pleased to announce that our client Bees360, a Houston, TX-based provider of drone-enabled property inspection services and data & analytics to the property and casualty insurance industry, has sold its claims division to Eberl Claims Service, an end-to-end claims services provider backed by the private equity firm BW Forsyth Partners.

Founded in 2018, Bees360 leverages proprietary AI technology and a network of 1099 drone operators to deliver fast and reliable property claims inspections to P&C insurance carriers. Bees360’s AI-powered damage assessment, automated claims scheduling platform, and integrations with best-in-class claims partners enables carriers to reduce loss ratios, remove fraudulent claims, and dramatically enhance the efficiency of the claims process. Bees360 has assembled a team of insurance veterans, world-class data scientists, and leading product developers to deliver an unrivaled data capture solution to its insurance clients.

“We could not be more pleased with our selection of Morgan Partners to represent us. The carve-out of our claims division was a highly complex transaction and Morgan Partners did a fantastic job bringing the most qualified buyers to the table and helping them understand the value of our technology and team. Their unmatched knowledge of the insurance industry was invaluable and the team worked tirelessly from start to end. We give Morgan Partners our strongest recommendation,” said Andy Liu, CEO and Co-Founder of Bees360.

“Bees360’s management team has built industry-leading claims technology coupled with an impressive network of drone pilots. Their solution is uniquely innovative in the P&C claims space,” commented Hugh Keefe, Managing Director at Morgan Partners. “We are excited to see what the Bees360 technology and team are capable of achieving with the support of Eberl,” added Ames Tardio, Director at Morgan Partners. “We feel confident that with Eberl and BW Forsyth’s support, there is potential for Bees360 to become the dominant drone-based inspection solution for P&C carriers.”

Morgan Partners served as the exclusive financial advisor to Bees360, and terms of the deal were not disclosed.

About Eberl Claims Service  

Eberl was founded in 1987 as a leading provider of claims adjusting solutions for the personal lines market with a focus on CAT response. Today, Eberl offers full-spectrum claims-handling solutions across the U.S. for all lines, both CAT and daily claims, in addition to a growing portfolio of additional value-add services. Eberl Claims Service is headquartered in Lakewood, CO and is backed by Private Equity firm BW Forsyth Partners. Visit https://eberls.com/ to learn more.

 

About BW Forsyth Partners

As the investment arm of multi-billion dollar global manufacturing and engineering consulting firm Barry-Wehmiller, BW Forsyth Partners blends Barry-Wehmiller’s unparalleled legacy of value creation and people-centric culture development with keen private equity investing experience to help companies realize their true potential. Since 2009, BW Forsyth has completed 40 acquisitions and currently operates Cor Partners, a platform investment made up of three core companies within the insurance industry: Eberl Claims Service, Engle Martin & Associates, and Envista Forensics. Visit https://www.bwforsyth.com/ to learn more.

About Morgan Partners

Morgan Partners is a highly focused middle-market financial technology investment bank. Our tailored, expert services, deep industry relationships, and vertical domain expertise allow us to provide “best execution” simply not available at other firms. Our services consist of sell-side and buy-side M&A, capital raising, and strategic advisory to technology companies in the insurance, capital markets, banking, and related sectors. Visit www.morganpartners.com to learn more.