Argenia

Argenia  (represented by Hales Securities, LLC) has been aquired by  CRC Insurance Services   -   May 2019

DOWLING HALES ANNOUNCES ANOTHER SUCCESSFUL TRANSACTION: ARGENIA, LLC ANNOUNCES ITS SALE TO CRC INSURANCE SERVICES.Dowling Hales served as exclusive financial advisor to Argenia, LLC (“Argenia”), a Little Rock, AR-based program manager and managing general agent (“MGA”) in its sale to the CRC Insurance Services, Inc. (“CRC”), a subsidiary of BB&T Insurance Holdings, Inc.Formed in 1976, Argenia is a program manager and contract binding MGA focused mainly on excess and surplus lines risks in the Southeast and Midwest United States, including key programs in commercial, specialty CAT coverage (e.g., earthquake and flood), and personal risks. Argenia will join CRC’s binding authority and transactional wholesale business.

Target Company

Argenia

Acquirer Company

CRC Insurance Services

Acquisition Date

May 2019

Sector

Insurance

Acquisition Date

May 2019

Industry

MGA

Region

USA

State of Acquired

AR

Map

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