Clarion Capital Exits Crowe Paradis in $90M Deal

Publicly traded Verisk Analytics will pay $90 million to buy Crowe Paradis Services from New York-based private equity firm Clarion Capital Partners. Crowe Paradis Services provides insurance companies and third-party administrators products designed to help them comply with the Medicare Secondary Payer Act. Crowe Paradis is based in North Reading, Mass. The acquisition is expected to close by the end of this year.

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