Abry Partners Invests in Socius Insurance Services
July 1, 2021
Abry Partners has made a significant growth investment in Socius Insurance Services, partnering with CEO and co-founder Patrick Hanley and the company's senior management. Socius will use the proceeds to accelerate its growth plan, pursue acquisitions to build national footprint and expand product offerings across management liability, cyber and property & casualty lines while Hanley remains CEO.
- Targets
- Socius Insurance Services, Inc.
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Abry Partners Makes Growth Investment in Burgess Hodgson
June 9, 2025
Accounting & Tax
Boston-based private equity firm Abry Partners has made a strategic growth investment in Burgess Hodgson, a Canterbury-headquartered accounting and business advisory firm. The investment will support Burgess Hodgson’s expansion across London and South East England, enhance digital capabilities, and enable targeted M&A while the firm's leadership and partnership retain significant equity.
-
Ryan Specialty Acquires Socius Insurance Services
May 23, 2023
Insurance
Ryan Specialty (NYSE: RYAN) has signed a definitive agreement to acquire Socius Insurance Services, a Northern California–based national wholesale insurance broker, from Abry Partners, employees and other shareholders. Socius will join RT Specialty to expand Ryan Specialty's wholesale distribution and specialty lines capabilities; Socius generated approximately $40 million of revenue for the 12 months ended April 30, 2023.
-
Socius Insurance Services Acquires Kelly Underwriting Services, LLC
January 18, 2023
Financial Services
Socius Insurance Services, a San Francisco-based wholesale insurance broker backed by Abry Partners, has acquired the assets of Kelly Underwriting Services, LLC, a Farmingdale, New York-based managing general underwriter (MGU) focused on professional liability programs. Kelly will operate its dedicated underwriting platform independently while Socius provides additional corporate leadership and operational infrastructure to accelerate growth.
-
Abry Partners Invests in CCS Fundraising
May 20, 2022
Consulting
Abry Partners has made a growth investment in CCS Fundraising to accelerate the firm's expansion, invest in technology and data analytics, and support talent and service capability growth. Terms were not disclosed; CCS will leverage the partnership to pursue new markets and strengthen its professional services for nonprofit clients.
-
Abry Partners Acquires High Street Insurance Partners from Huron Capital
April 16, 2021
Insurance
Abry Partners, a Boston-based private equity firm, acquired High Street Insurance Partners (HSIP), a Traverse City, Michigan-based insurance brokerage, from Huron Capital. HSIP management and agency partners will retain large stakes and Huron will maintain a minority interest as Abry supports HSIP's add-on acquisition strategy to accelerate growth.
-
Odyssey Investment Partners Acquires SIAA (Strategic Insurance Agency Alliance)
March 29, 2021
Insurance
Odyssey Investment Partners, a growth-oriented private equity firm, partnered with the SIAA management team to acquire SIAA, the nation's largest alliance of independent insurance agencies. The deal provides a succession solution for founder Jim Masiello and positions SIAA to accelerate growth through M&A, technology investment and other growth initiatives.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.