1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Tennessee >
  6. Ryan Specialty Group Acquires Velocity Risk

M&A Deal Summary

Ryan Specialty Group Acquires Velocity Risk

On January 7, 2025, Ryan Specialty Group acquired insurance company Velocity Risk from Oaktree Capital Management

Acquisition Highlights
  • This is Ryan Specialty Group’s 23rd transaction in the Insurance sector.
  • This is Ryan Specialty Group’s 18th transaction in the United States.
  • This is Ryan Specialty Group’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2025-01-07
Target Velocity Risk
Sector Insurance
Buyer(s) Ryan Specialty Group
Sellers(s) Oaktree Capital Management
Deal Type Add-on Acquisition
Advisor(s) Insurance Advisory Partners (Financial)
Debevoise & Plimpton (Legal)

Target

Velocity Risk

Nashville, Tennessee, United States
Velocity Risk provides insurance coverage to clients in catastrophe-exposed areas of the United States. Velocity Risk was founded in 2015 and is based in Nashville, Tennessee.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ryan Specialty Group

Chicago, Illinois, United States
Category Company
Founded 2010
Sector Insurance
Employees4,401
Revenue 2.1B USD (2023)
DESCRIPTION

Ryan Specialty Group is an international specialty insurance organization, which includes a wholesale brokerage firm (RT Specialty) and an underwriting management organization (RSG Underwriting Managers), comprised of 22 individual underwriting companies. Ryan Specialty Group was formed in 2010 and is based in Chicago, Illinois.

DEAL STATS #
Overall 25 of 25
Sector (Insurance) 23 of 23
Type (Add-on Acquisition) 20 of 20
State (Tennessee) 1 of 1
Country (United States) 18 of 18
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-30 Innovisk

London , United Kingdom

Innovisk seeds develops and grows MGAs using data and analytics to aid product development and pricing, as well as improving efficiencies in underwriting operations and distribution. Innovisk was founded in 2017 and is based in London, England.

Buy -

Seller(S) 1

SELLER

Oaktree Capital Management

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1995
Size Mega
Type Sector Agnostic
DESCRIPTION

Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.

DEAL STATS #
Overall 83 of 86
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 36 of 37
State (Tennessee) 2 of 2
Country (United States) 57 of 58
Year (2025) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-03 atomos wealth

London, United Kingdom

atomos wealth is a wealth management firm offering a variety of services including investment management and financial planning advice. atomos wealth was formerly Sanlam Wealth and is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-12 Richards Manufacturing

Irvington, New Jersey, United States

Richards Manufacturing is a manufacturer of overhead and underground electrical and gas distribution products. Richards Manufacturing is based in Irvington, New Jersey.

Sell $2.3B
Mergr

Product

Company

Legal