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M&A Deal Summary

Crawford Acquires Praxis Consulting

On October 4, 2021, Crawford acquired business services company Praxis Consulting

Acquisition Highlights
  • This is Crawford’s 4th transaction in the Business Services sector.
  • This is Crawford’s 6th transaction in the United States.
  • This is Crawford’s 1st transaction in Indiana.

M&A Deal Summary
Date 2021-10-04
Target Praxis Consulting
Sector Business Services
Buyer(s) Crawford
Deal Type Add-on Acquisition

Target

Praxis Consulting

Muncie, Indiana, United States
Praxis Consulting is a provider of outsourced subrogation claims management and recovery services in the United States. Praxis utilizes decades of industry experience, coupled with proprietary data analytics software, to identify and manage subrogation claims through the recovery process. Praxis Consulting was founded in 1997 and is based in Muncie, Indiana.

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Buyer(S) 1

Buyer

Crawford

Peachtree Corners, Georgia, United States
Category Company
Founded 1941
Sector Insurance
Employees9,168
Revenue 1.3B USD (2024)
DESCRIPTION

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 Peachtree Corners, Georgia.

DEAL STATS #
Overall 12 of 12
Sector: Business Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 11 of 11
State: Indiana M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 edjuster

Nepean, Ontario, Canada

edjuster is a provider of SaaS-based software and services to the property contents insurance marketplace. This solution operates on a proprietary contents management platform that offers a full-featured, easy-to-use contents inventory and valuation solution for both high severity complex claims and high-volume, small claims. edjuster was founded in 2000 and is based in Nepean, Ontario.

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