Ryan Specialty Acquires Certain Assets of Griffin Underwriting Services
December 11, 2022
Ryan Specialty (NYSE: RYAN) signed a definitive agreement to acquire certain assets of Griffin Underwriting Services, a Bellevue, Washington-based binding authority specialist and wholesale insurance broker. The deal expands Ryan Specialty's specialty offerings in the Pacific Northwest and strengthens its national binding authority capabilities; Griffin generated about $23 million of revenue for the 12 months ended November 30, 2022.
- Buyers
- Ryan Specialty
- Targets
- Griffin Underwriting Services
- Industry
- Insurance
- Location
- Washington, United States
- Transaction Type
- Buyout
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