Ryan Specialty (NYSE: RYAN) has completed its acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments, LP, initially announced on October 30, 2024. Innovisk will be integrated into Ryan Specialty Underwriting Managers (RSUM), enhancing Ryan Specialty’s capabilities in the global specialty insurance services sector. This strategic move strengthens RSUM’s market position and aligns with industry consolidation trends, emphasizing the importance of scale and diversification. The acquisition is expected to improve underwriting capabilities, create revenue synergies, and enhance competitiveness against larger firms. Investors are advised to monitor future performance for integration-related costs and revenue impacts.