secwatch.observer — SEC 8-K summary
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Issuer:     RYAN SPECIALTY HOLDINGS, INC. (RYAN)
CIK:        0001849253
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000950170-24-089264
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryan Specialty Q2 revenue $695M (+18.8%), acquires US Assure, CEO succession
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- Revenue $695.4M (+18.8% YoY); organic growth 14.2%; Net income $118M ($0.37 diluted EPS).
- Adjusted EBITDAC $247.7M (+27.6%); margin 35.6% (up 240bps vs 33.2%).
- Announces acquisition of US Assure, a program focused on SME builder's risk; expected to be accretive.
- CEO Patrick Ryan to be succeeded by Tim Turner in October; board declares $0.11/share dividend payable Aug 27.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849253/000095017024089264/0000950170-24-089264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849253/000095017024089264/ryan-20240630.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-089264

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer