CRC Group Acquires Texas’ Risk Transfer Partners

CRC Group, an autarkic wholesale specialty security distributor successful North America, announced the acquisition of Risk Transfer Partners (RTP), a casualty-focused wholesale brokerage business. This strategical acquisition enhances CRC’s capabilities and marketplace reach, peculiarly successful the construction, energy, environmental, and manufacturing sectors.

Founded successful 2013 and based successful Dallas, Texas, RTP has established a nationalist level with a way grounds of integrated growth.

RTP, nether its existing enactment team, including Dave Barrett, RTP President, volition articulation the CRC Specialty part and study to Brokerage President Brent Tredway.

Houlihan Lokey acted arsenic the exclusive fiscal advisor, and Troutman Pepper Locke LLP acted arsenic ineligible counsel to RTP successful transportation with this transaction. Kramer Levin Naftalis & Frankel LLP acted arsenic ineligible counsel to CRC Group.

Topics Mergers & Acquisitions Texas