Ryan Specialty Signs Definitive Agreement To Acquire AccuRisk Holdings; Terms Of The Transaction Were Not Disclosed; The Acquisition Is Expected To Close In December 2023
Portfolio Pulse from Benzinga Newsdesk
Ryan Specialty (NYSE:RYAN) has signed a definitive agreement to acquire AccuRisk Holdings, a medical stop loss managing general underwriter. The acquisition, expected to close in December 2023, will add exceptional talent, unique capabilities, and product depth to Ryan Specialty's employee benefits practice. AccuRisk generated approximately $25 million of revenue for the 12 months ended July 31, 2023.
October 30, 2023 | 8:51 pm
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Ryan Specialty's acquisition of AccuRisk Holdings could enhance its employee benefits practice and potentially increase its revenue.
The acquisition of AccuRisk, a company with a revenue of $25 million, could potentially increase Ryan Specialty's revenue and enhance its employee benefits practice. This could make the company more attractive to investors, potentially leading to a rise in its stock price.
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