Kramer Levin advised ARC Excess & Surplus, LLC (ARC), one of the top five largest specialty wholesale insurance distributors in the U.S. and a portfolio company of funds managed by Stone Point Capital, on its acquisition by CRC Group, a leading independent wholesale specialty insurance distributor. The deal, the terms of which are confidential, closed on May 1, 2025. ARC will join CRC Specialty, continuing to operate under its existing leadership team.

Key contacts

Howard T. Spilko photo

Howard T. Spilko

Partner, Global Head of Private Equity and Chair of Corporate, US, New York

Eva Tanna photo

Eva Tanna

Special Counsel, New York

Barry Herzog photo

Barry Herzog

Partner, Head of Tax, US, New York

Mariya Khvatskaya photo

Mariya Khvatskaya

Senior Associate, New York

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New York Silicon Valley Washington, DC Corporate Mergers and acquisitions Private equity Howard T. Spilko Adi Herman Eva Tanna Daniel DePasquale Ovo Efemini Barry Herzog Mariya Khvatskaya Daniel Weiss Daniel A. Rabinowitz Randal D. Murdock Robert N. Holtzman Jordan Fisher Marissa J. Holob Kevin M. Moss Michelle Park Austin Manes Dan Berman M. Mendel Trapedo