Ryan Specialty books $250mn cash consideration in Castel acquisition
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Ryan Specialty books $250mn cash consideration in Castel acquisition

The consideration in this deal will also include $2.2mn of Ryan Specialty Class A common stock.

By Jairo Ibarra
May 03, 2024
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Ryan Specialty logo new chicago buildings zoom.jpg

Ryan Specialty has recorded a $250mn cash payment in the takeover of UK MGU Castel Underwriting Services.

The Chicago-based wholesaler reported that the total consideration for the acquisition will also include $2.2mn

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NewsM&AMGAsBrokersCastel
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