Announced
Financials
Tags
insurance broker
Pending
Private
Friendly
United States
Insurance Brokers
Acquisition
Domestic
Majority
Single Bidder
Private Equity
Synopsis
Ryan Specialty, an international specialty insurance firm, agreed to acquire Socius Insurance, a wholesale insurance broker, from Abry Partners, an investment company. Financial terms were not disclosed. “We are thrilled to have the high-quality Socius team join Ryan Specialty. We have known them for many years and admire their professional approach to the business, technical acumen, and phenomenal execution. We look forward to embracing these talented individuals and providing even more opportunities to them as they become a part of the RT Specialty platform," Tim Turner, Ryan Specialty President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.