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  6. CRC Insurance Services Acquires Connecticut Underwriters

M&A Deal Summary

CRC Insurance Services Acquires Connecticut Underwriters

On October 2, 2015, CRC Insurance Services acquired insurance company Connecticut Underwriters

Acquisition Highlights
  • This is CRC Insurance Services’ 8th transaction in the Insurance sector.
  • This is CRC Insurance Services’ 8th transaction in the United States.
  • This is CRC Insurance Services’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2015-10-02
Target Connecticut Underwriters
Sector Insurance
Buyer(s) CRC Insurance Services
Deal Type Add-on Acquisition

Target

Connecticut Underwriters

Middletown, Connecticut, United States
Connecticut Underwriters is a premier wholesale broker/managing general agent (MGA) that has grown into one of the northeast's leading independent excess and surplus lines brokers.

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Buyer(S) 1

Buyer

CRC Insurance Services

Birmingham, Alabama, United States
Category Company
Founded 1982
Sector Insurance
DESCRIPTION

CRC Insurance Services, Inc. is a wholesale services insurance broker.

DEAL STATS #
Overall 8 of 8
Sector: Insurance M&A 8 of 8
Type: Add-on Acquisition M&A Deals 8 of 8
State: Connecticut M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 Napco

Islein,, New Jersey, United States

Napco LLC, is an independent wholesale broker of commercial property catastrophe insurance coverage. The Iselin, New Jersey-based privately held broker provides retailers with an independent marketing arm for difficult placements that have significant property exposures.

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