---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-102557"
form_type: "8-K"
ticker: "RYAN"
cik: "0001849253"
company_name: "RYAN SPECIALTY HOLDINGS, INC."
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:40:59.676235+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ryan Specialty completes acquisition of US Assure for $1.075B cash plus up to $400M earnout

## Summary
- Acquisition closed Aug 30 for $1.075B cash plus up to $400M earnout based on performance targets.
- Borrowed $850M under revolver at SOFR+2.25% to partially fund acquisition; bridge facility not used.
- US Assure is a leading program specializing in builder's risk insurance; will be part of Underwriting Managers Specialty.
- Revolving credit facility has $549.6M undrawn capacity after borrowing; matures in 2029.

## SEC filing metadata
- accession: 0000950170-24-102557
- form_type: 8-K
- ticker: RYAN
- cik: 0001849253
- company_name: RYAN SPECIALTY HOLDINGS, INC.
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849253/000095017024102557/0000950170-24-102557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849253/000095017024102557/ryan-20240830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-102557
- JSON: https://secwatch.observer/filing/0000950170-24-102557.json
- Plain text: https://secwatch.observer/filing/0000950170-24-102557.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.