GCP Capital Partners purchases ClearView Risk Holdings

GCP Capital Partners has completed a $23 million investment to purchase a controlling interest in ClearView Risk Holdings LLC, whose principal subsidiary is Southwest Risk LP, a Dallas-based wholesale insurance broker that specializes in certain property/casualty coverages, including real estate and construction risks.

Southwest Risk will change its name to ClearView Risk. Leading the operations will be Bryan Wilburn, founder and CEO of Southwest Risk, and his management team. Before the transaction, Southwest Risk was wholly owned by Houston International Insurance Group.

ClearView Risk provides insurance services to retail agencies with risks located throughout the U.S. It specializes in transactional placements of commercial property/casualty coverages, along with the development and implementation of niche programs using traditional and alternative risk transfer strategies.