Troutman Pepper Locke advised Risk Theory, LLC, an insurance holding company, in connection with the sale of its casualty-focused wholesale brokerage subsidiary, Risk Transfer Partners (RTP), to CRC Group, a leading independent wholesale specialty insurance distributor in North America.
Founded in 2013 and based in Dallas, RTP has established a national platform with a proven track record of organic growth. The company’s focus on delivering tailored solutions and investing in its producer base aligns seamlessly with CRC’s mission to provide exceptional service and innovative insurance solutions.
The team advising Risk Theory was led by Christopher Martin, Jason McCloskey, and Niha Ali. Additional support was provided by Mark Backofen, Nicole Davies, Alex Dillard, Lauren Doughty, Grace Elliott, Theresa Feliciano, Jon Gillum, Van Jolas, Andrew Nelson, John Nelson, Chelsea Overhuls, Ed Razim, Joyce Sanchez, and Buddy Sanders.