Acquiring Company
Ryan Specialty
Acquired Company
Velocity Risk Underwriters
ChicagoInsuranceDescription
Ryan Specialty, a leading international specialty insurance firm, has successfully completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Velocity, based in Nashville, Tennessee, is a managing general underwriter providing first-party insurance coverage for catastrophe exposed properties and will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed