Insurance-focused building repairer Ambrose Construct Group’s bid to buy WA-founded Major Loss Builders is under review by the competition regulator.

The Australian Competition and Consumer Commission has issued a questionnaire seeking feedback on the deal’s possible market impacts.

“ACG and MLB overlap in the supply of insurance repair and restoration services for insurance claims, including business-as-usual repairs, emergency ‘make-safe’ services and associated services,” the commission said. “The ACCC is assessing the impact of the acquisition on competition and is seeking your views.”

Answers to the questionnaire must be received by next Thursday.

The commission says September 2 is the end of the determination period for its phase one assessment under deal notification rules that began in January. The rules require businesses to inform the commission of any acquisitions that meet certain thresholds.

Ambrose Construct Group is a national insurance repair and restoration company, working on contracts directly with insurers and indirectly with insurance loss adjusters, according to the ACCC.

Major Loss Builders provides large-loss commercial and residential insurance building services in WA, SA and the NT.

Ambrose is headquartered in Queensland and majority-owned by funds managed or advised by Australian private capital manager CPE Capital.

An IBISWorld report says Ambrose generated total revenue of $303.43 million last year.

See the questionnaire here.