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M&A Deal Summary

XPT Group Acquires Craig & Leicht

On February 22, 2023, XPT Group acquired insurance company Craig & Leicht

Acquisition Highlights
  • This is XPT Group’s 1st transaction in the Insurance sector.
  • This is XPT Group’s 1st transaction in the United States.
  • This is XPT Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2023-02-22
Target Craig & Leicht
Sector Insurance
Buyer(s) XPT Group
Deal Type Add-on Acquisition

Target

Craig & Leicht

Houston, Texas, United States
Craig & Leicht provide wholesale, specialty and surplus lines insurance for a wide variety of industries, including contractors, locales, and dwellings. Craig & Leicht is based in Houston, Texas.

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Buyer(S) 1

Buyer

XPT Group

United States
Category Company
Sector Insurance
DESCRIPTION

XPT Group is a specialty lines insurance distribution company that develops a wholesale insurance broking and underwriting agency platform across the U.S. Specialty Insurance Sector.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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