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New Deal


Announced

Completed

Ryan Specialty completed the acquisition of Griffin Underwriting Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Life Insurance

Acquisition

Private

United States

Majority

retail insurance

Domestic

Single Bidder

Friendly

Completed

Synopsis

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Ryan Specialty, a service provider of specialty products and solutions for insurance brokers, agents and carriers, completed the acquisition of Griffin Underwriting Services, an international specialty insurance firm. Financial terms were not disclosed. “We are excited to embrace the exceptional professionals at Griffin into Ryan Specialty. Griffin deepens our offerings in the Pacific Northwest, broadening our geographic scope and capabilities. Additionally, Griffin is a critical piece to our continual buildout of our national binding authority offering. We look forward to welcoming the Griffin team to Ryan Specialty,” Tim Turner, Ryan Specialty President and RT Specialty Chairman and CEO.

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