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New Deal


Announced

Completed

CRC Group completed the acquisition of BenefitMall.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

Friendly

Completed

Private

Acquisition

Outsourced HR and Staffing

employee benefits

benefits wholesale general agency

United States

Majority

Synopsis

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CRC Group, a wholesale and specialty insurance distributor, completed the acquisition of BenefitMall, a wholesale general agency. Financial terms were not disclosed. "We are excited to welcome BenefitMall as the newest part of the CRC Group team. As the insurance marketplace and the risks faced by clients continue to evolve, it's vital that we grow strategically in ways that help us meet those needs. The addition of BenefitMall significantly expands our opportunity to support clients as they navigate the current marketplace," Dave Obenauer, CRC Group CEO.

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