J.S. Held LLC Expands Global Building Consulting Practice in Canada with Acquisition of SPECS (Specialized Property Evaluation Control Services)

J.S. Held’s Inaugural Global Risk Report Examines Potential Business Risks & Opportunities in 2024

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September 16, 2019
SPECS Joins J.S. Held
SPECS Joins J.S. Held

This partnership will strengthen our firm through the addition of more than 70 world-class professionals located in 18 offices throughout Canada.


JERICHO, N.Y. – September 16, 2019 – Global consulting firm J.S. Held announced today that it has acquired SPECS (Specialized Property Evaluation Control Services). Headquartered in Langley, British Columbia, SPECS is the largest property risk and loss quantification consulting firm in Canada. The firm is recognized as a trusted partner in helping insurers, facility managers, property owners, and risk managers accurately identify, evaluate, and quantify risk, loss, damage, and corresponding financial costs.

Founded in 1995, SPECS’ expertise includes property damage assessments, restoration consulting, construction project administration, risk management, facility services, and catastrophic response. The SPECS team of engineers, construction specialists, estimators, and appraisers support the insurance, legal, and construction communities from 18 offices across Canada. SPECS is also the first national consulting firm in Canada to obtain a nationwide Special Flight Operations Certificate (SFOC) from Transport Canada, enabling their qualified team of drone pilots to conduct drone inspections anywhere in the country.

“With the addition of SPECS into our global operations, J.S. Held holds the unique position as the technical services consulting leader in Canada,” said Doug DePhillips, Senior Executive Vice President - Global Services of J.S. Held. “This supports our continued focus on unparalleled service as we answer the needs of our global client base.”

The acquisition complements J.S. Held’s portfolio of professional services in building consulting and strengthens the firm’s ability to support clients throughout Canada. By joining forces with J.S. Held, SPECS gains access to additional resources and experts to provide clients with an expanded suite of technical and scientific, financial, and strategic consulting services.

“Over 24 years, SPECS has grown from a small market player in Edmonton, Alberta to our current position as a trusted industry leader throughout Canada,” said David Wallace, President of SPECS. “We are thrilled to join J.S. Held and gain additional resources and expertise that will bring substantial benefit to our clients.”

About J.S. Held

J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets.

The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.
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