Firm News March 31, 2025
Troutman Pepper Locke Advises Risk Theory in Sale of Subsidiary Risk Transfer Partners to CRC Group
HOUSTON – 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. For more information, see the press release.
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 Troutman Pepper Locke 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.
Troutman Pepper Locke’s Insurance Transactional and Regulatory Practice navigates the complex landscape of insurance laws, regulations, and corporate transactions. The team provides strategic counsel to insurance companies, reinsurers, brokers, and other industry stakeholders, ensuring compliance with regulatory frameworks while facilitating mergers, acquisitions, capital raising, restructurings, and innovative market entries. By combining deep experience with industry insights, Troutman Pepper Locke empowers clients to achieve their business objectives while mitigating risks in a highly regulated sector.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.
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