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Ryan Specialty Group buys transportation specialist

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M&A

Ryan Specialty Group LLC said Wednesday it has acquired transportation specialist Crouse and Associates.

Terms of the transaction were not disclosed.

In addition to transportation, San Francisco-based Crouse, which has offices in California, Oregon and Texas, specializes in excess and general liability and other property/casualty risks, Ryan said in a statement.

Crouse, which is now part of RT Specialty, Ryan Specialty’s wholesale brokerage division, generated $26 million in revenue for the 12 months ended Nov. 30.

 

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