CRC Group to acquire Euclid Transactional

Insurance broker CRC Group has signed a definitive agreement to acquire Euclid Transactional, a provider of transactional insurance solutions specializing in representations and warranties, and tax liability insurance.

Euclid Transactional has ~145 employees across 11 offices in North America, Europe, and the Asia-Pacific region.

The proposed acquisition remains subject to customary closing conditions, including regulatory approvals.

“Euclid Transactional is an outstanding organization with a premier team, stellar reputation, and strong alignment with our vision for specialty growth. This partnership will allow CRC Group to deepen our capabilities in financial and professional lines, expand our international reach, and deliver even more value to our clients. We are excited and look forward to the opportunity to welcome the world-class Euclid Transactional team to CRC Group once the transaction is complete.” – Dave Obenauer, CEO of CRC Group.

“We are incredibly proud of what our team has built and the global client partnerships we have established. Joining CRC Group will position Euclid Transactional to accelerate growth while maintaining the underwriting excellence, our culture, and the service that our clients expect. CRC Group’s scale, focus on innovation, and strong relationships will allow us to broaden our reach and continue to lead the transactional risk market.” – Jay Rittberg, Managing Principal of Euclid Transactional.