Announced
Completed
Financials
Tags
Domestic
Full Line Insurance
Acquisition
United States
insurance
Private
Single Bidder
Friendly
Majority
Completed
Synopsis
Crawford & Company, a publicly listed independent provider of claims management and outsourcing solutions, completed the acquisition of Praxis, a provider of outsourced subrogation claims management and recovery services. Financial terms were not disclosed. "We are excited to join forces with the team at Praxis Consulting, a leader in the subrogation claims market with over 20 years of recognized experience and proven results. Their execution capability, depth of expertise and strong client relationships will allow us to increase Crawford’s footprint in the claims ecosystem while delivering quality and expertise to existing and future clients," Larry Thomas, Crawford Global President.
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