Swett process down to BB&T and PE

The Swett & Crawford sales process is now a straight
shootout between BB&T-owned CRC Crump and private equity after
rival trade bidder Ryan Specialty Group bowed out, The
Insurance Insider revealed last week.
Sources said that veteran dealmaker Pat Ryan, who was working on
a bid with long-time collaborator BDT Capital Partners, had
withdrawn his interest, leaving the field clear for the other
bidders.
Ryan was one of a handful of bidders that had been taken through
to due diligence...