Searchlight Capital Partners has completed the sale of underwriting platform Euclid Transactional, a provider of transactional insurance solutions specialising in representations and warranties, and tax liability insurance to CRC Group, an independent wholesale specialty and MGA business.

The firm closed its investment in Euclid Transactional in 2021 and over the course of the partnership, it says that the company has expanded its geographic footprint and significantly scaled premium volume.

Jay Rittberg, managing partner of Euclid, said “Joining CRC Group will give us access to even broader distribution and capabilities, allowing us to continue delivering innovative, best‑in‑class solutions to our clients and partners.”

You can read more on this from Private Equity Wire, here.