Hines Associates is delighted to announce that it advised the shareholders of CRK Commercial Insurance Services on its sale to Acrisure
Established in 2000, CRK has grown into a highly successful broker in the manufacturing and engineering space under the leadership of its Managing Director, Darren Wills. CRK prides itself on having partnered with some of the largest insurers in the UK to establish exclusive insurance schemes with specialist covers and competitive rating structures to provide unique risk solutions for trades, with a focus on the manufacturing, engineering, rope access and HVAC industries.
Darren Wills and his management team will continue to operate CRK under the CRK brand as part of Acrisure UK Retail. The CRK team will benefit from Acrisure’s technology capabilities and global network of brokers and MGAs.
Darren Wills, Founder of CRK commented:
“I trusted Hines to find the right home for my business which amongst other things, would deliver a value and structure tailored to my desired role and ambitions for the company. Hines’ technical expertise across a variety of disciplines, up-to-date knowledge of the market and access to international buyers proved absolutely invaluable. Although plenty of work was required behind the scenes, the transaction process felt seamless and stress-free – certainly compared to what I know others have experienced – which was essential for me to continue running the business. I’m delighted to be partnering with the Acrisure team and look forward to accelerating CRK’s growth potential.”
Dilipe Arul, Partner at Hines commented:
“CRK has a leading reputation for its specialist schemes and access to highly rated markets, catering for the engineering, manufacturing and general contracting sectors – preserving CRK’s brand and DNA was therefore important to Darren, which Acrisure were able to provide. With significant momentum going into 2023, we look forward to observing CRK’s continued success and an exciting partnership between the businesses.”