Crawford - M&A Summary and Business Overview

InsuranceCompany

Crawford M&A Summary

Crawford has acquired 12 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Crawford’s largest acquisition to date was in 2006, when it acquired Broadspire Services for $150M. Crawford has acquired in 6 different US states, and 4 countries. The Company’s most targeted sectors include insurance (42%) and business services (34%).

Crawford Business Overview

Where is Crawford headquartered?

Crawford is headquartered in Atlanta, Georgia.

What is Crawford’s revenue?

Crawford disclosed revenue of 1,231M USD for 2022 and 1,139M USD for 2021.

How many employees does Crawford have?

Crawford has 9,820 employees.

What sector is Crawford in?

Crawford is an insurance company.

When was Crawford founded?

Crawford was founded in 1941.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity12
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 5
  • M&A Advisors 1

Crawford

Crawford & Co.

5335 Triangle Parkway NW Peachtree Corners,
Atlanta, Georgia 30092
United States,
(404) 300-1000
www.crawco.com

Crawford is an independent provider of claims management solutions to insurance companies and self-insured entities with a global network. Crawford was incorporated in 1941 and is based in Atlanta, Georgia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 10 - 2 - - - 12
vol $260M $260M
Sell (0.2/yr) # 1 1 - - - - 2
  14

Most Recent M&A

Company Date Value Type
Praxis Consulting, Inc. 2021-10-04 - Add-on Acquisition
Muncie, Indiana · www.praxisconsulting.com
edjuster, Inc. 2021-08-23 - Add-on Acquisition
Nepean, Ontario · www.edjuster.com
Lloyd Warwick International Ltd. 2020-06-12 - Divestiture
London, United Kingdom · www.lwil.co.uk
The Garden City Group, Inc. 2018-06-18 - Divestiture
Lake Success, New York · www.gardencitygroup.com
WeGoLook LLC 2016-12-06 36M USD Add-on Acquisition
Oklahoma City, Oklahoma · www.wegolook.com
GAB Robins Holdings UK Ltd 2014-12-01 71M GBP Divestiture
London, United Kingdom · www.gabrobins.co.uk
Buckley Scott Associates Ltd. 2014-07-30 - Add-on Acquisition
Bury, United Kingdom · www.buckleyscott.com
Lloyd Warwick International Ltd. 2013-03-07 - Add-on Acquisition
London, United Kingdom · www.lwil.co.uk
ClaimHub, Inc. 2011-03-11 - Add-on Acquisition
Overland Park, Kansas · www.theclaimhub.com
Studio Bolton & Associati s.r.l. 2010-11-11 - Add-on Acquisition
Rome, Italy
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 5 (42%) - 1 (50%) -
Business Services 4 (33%) 221M (85%) 1 (50%) -
Internet Software and Services 2 (17%) 36M (14%) - -
Software 1 (8%) 4M (1%) - -
Total 12 $260M 2 -

By Geo

State/Country Buy Value Sell Value
United States 6 190M 1 -
  New York 1 - 1 -
  Oklahoma 1 36M - -
  New Mexico 1 4M - -
  Kansas 1 - - -
  Indiana 1 - - -
  Florida 1 150M - -
United Kingdom 4 71M 1 -
Canada 1 - - -
  Ontario 1 - - -
Italy 1 - - -
Domestic 6 (50%) 190M (73%) 1 (50%) -
Cross-border 6 (50%) 71M (27%) 1 (50%) -
Total 12 $260M 2 -

Top M&A Advisors

Legal Deals
DLA Piper
1

Deal Values

buy # Total
$100M to $1B 1 $150M
< $100M 3 $110M
TOTAL $260M
Largest Broadspire Services Inc.
$150M (2006-08-21)

M&A Connections

Deals
Acquired from
Investor(s)
17%
2 (17%)
Strategic(s)
8%
1 (8%)
Divested to
Strategic(s)
100%
2 (100%)

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