Ryan Specialty Announces Acquisition of Transportation Wholesaler Crouse and Associates
Summary
Headquartered in San Francisco, CA, Crouse has additional offices throughout California and Oregon as well as in Dallas, Texas. Crouse was founded in 1975 and is known for its exceptional service and execution on behalf of its retail and carrier trading partners. This structure aligns with our clients’ organizations, thereby enabling them to seamlessly deploy the deepest pool of expertise for their insureds. The combination of RT’s distribution with Crouse’s expertise in transportation and other lines of business creates a significant strategic advantage with our new alliance. We are very much looking forward to the future as RT Specialty.” Crouse generated approximately $26 million of revenue for the twelve months ended November 30, 2021.1 Terms of the transaction were not disclosed.