Onex Makes Growth Investment in Ryan Specialty Group
June 4, 2018
Onex Corporation acquired a minority equity stake in Ryan Specialty Group through a $150 million preferred equity and $25 million common equity investment to support RSG's growth and M&A strategy. The capital injection establishes a long-term strategic relationship between Onex and Ryan Specialty Group while leaving RSG management (Pat Ryan) in place.
- Buyers
- Onex Corporation
- Targets
- Ryan Specialty Group, LLC
- Industry
- Insurance
- Location
- Illinois, United States
- Transaction Type
- Growth capital
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