Ryan Specialty to acquire $40mn-revenue wholesaler Socius from Abry Partners
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Ryan Specialty to acquire $40mn-revenue wholesaler Socius from Abry Partners

Jairo Ibarra
May 23, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Ryan Specialty logo new chicago buildings zoom.jpg

Ryan Specialty has sealed a takeover deal with private equity house Abry Partners to buy the wholesale broker Socius Insurance Services.

Based in Northern California, Socius generated approximately $40mn of revenue for the 12 months through April 30.

Founded in 1997, Socius provides management, professional and cyber liability, as well as P&C insurance.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Brokers Ryan Specialty
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article