CRC Group announced on January 5, 2026, that it has entered into a definitive agreement to acquire Euclid Transactional, a global provider of transactional insurance solutions. The proposed transaction is subject to customary closing conditions, including required regulatory approvals.
Euclid Transactional is recognized for its focus on representations and warranties insurance and tax liability insurance, operating as a transactional risk underwriting platform with a strong global footprint. The company maintains 11 offices across North America, Europe, and the Asia-Pacific region and is supported by a highly specialized team with deep expertise, established distribution channels, capacity relationships, and a leading claims organization.
CRC Group said the acquisition will expand its specialty underwriting capabilities and advance its strategy to build a comprehensive underwriting platform for the insurance industry. The combination is expected to unite Euclid Transactional’s transactional risk expertise and international reach with CRC Group’s scale, technology investments, and broad distribution network, creating a diversified platform to serve a wide range of client needs.
Dave Obenauer, CEO of CRC Group, said Euclid Transactional brings a strong team and reputation that aligns closely with CRC Group’s specialty growth strategy. He noted that the acquisition will allow CRC Group to deepen its financial and professional lines capabilities, expand its international reach, and deliver additional value to clients following completion of the transaction.
Jay Rittberg, Managing Principal of Euclid Transactional, said the firm has built strong global client partnerships and an underwriting-focused culture. He said joining CRC Group will support continued growth while maintaining underwriting standards, service quality, and company culture, and added that CRC Group’s scale, focus on innovation, and industry relationships will help broaden Euclid Transactional’s reach within the transactional risk market.
CRC Group said the transaction is expected to strengthen client relationships, enhance financial and professional lines offerings, expand the combined organization’s international footprint, and support continued innovation in underwriting and product development. Together, the companies aim to establish a global platform for financial and professional service lines.
Guy Carpenter and Barclays are serving as financial advisors to CRC Group, with Debevoise & Plimpton acting as legal advisor. Piper Sandler & Co. is acting as exclusive financial advisor, Jamieson Corporate Finance is serving as management advisor, and HSF Kramer is providing legal counsel to Euclid Transactional.
