Clarion Capital Partners has exited Crowe Paradis Services in a $90 million sale to Verisk Analytics (NASDAQ: VRSK). The transaction generated a reported return of 25x on the firm's investment. Crowe Paradis provides claims analysis and compliance solutions to the property/casualty insurance industry and was acquired by Clarion through a 2006 buyout.
© 2020 PitchBook Data. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.