Ryan Specialty Discloses Two Buyouts, Boosts Medical Stop-Loss Insurance Portfolio
Portfolio Pulse from Lekha Gupta
Ryan Specialty Holdings Inc (NYSE: RYAN) announced two acquisition agreements to boost its medical stop-loss insurance portfolio. The company will acquire ACE Benefit Partners, Inc. and Point6 Healthcare, LLC, both for undisclosed terms. Both acquisitions are projected to close in July 2023.
June 06, 2023 | 3:54 pm
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Ryan Specialty Holdings (RYAN) announced two acquisitions to boost its medical stop-loss insurance portfolio, acquiring ACE Benefit Partners and Point6 Healthcare.
The acquisitions of ACE Benefit Partners and Point6 Healthcare will strengthen Ryan Specialty's medical stop-loss insurance portfolio, potentially leading to increased revenues and growth. This news is likely to have a positive short-term impact on RYAN's stock price.
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