Latest news with #AbryPartners
Yahoo
04-07-2025
- Business
- Yahoo
Oracle Insurance receives investment from Abry Partners
Canada-based Oracle Insurance Risk Management Services (Oracle RMS) has secured an investment from Abry Partners, a private equity firm based in the US. Financial specifics of the transaction remain undisclosed. The Canadian insurance brokerage has been serving a client base of more than 60,000 through its near 40 branches and a workforce comprising more than 300 insurance professionals since its inception in 2011 by John Ferraro and Michael Di Nardo. The company offers both commercial and personal lines insurance, such as home and auto, life and group benefits for corporate clients. Ferraro said: 'This partnership with Abry Partners marks an exciting new chapter for Oracle RMS. Abry's investment is a strong vote of confidence in the exceptional talent of our people, the strength of our proven business model, and our long-term vision for growth across Canada." Oracle RMS leadership team retained 'significant' equity stake, with the existing management continue to operate the business. The transaction was advised by KPMG Corporate Finance, which served as the exclusive financial advisor to Oracle RMS. Abry principal David Coneway stated: 'We were highly impressed by Oracle RMS as a business, but even more-so by its people and culture. The company embodies the client-first ethos and entrepreneurial spirit that have long defined exceptional brokers and combines it with a passion for meeting the evolving needs of its valued insurance markets. We are thrilled to partner with John and Mike to further support their growth.' Abry Partners, known for its specialisation in the insurance distribution sector, has a history of supporting retail brokerage platforms across North America. In November 2024, Abry Partners and BHMS Investments divested Innovisk Capital Partners to Ryan Specialty. "Oracle Insurance receives investment from Abry Partners " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
National Post
03-07-2025
- Business
- National Post
Oracle RMS Announces Investment Partnership with Abry Partners to Accelerate Growth
Article content CONCORD, Ontario & BOSTON — Oracle Insurance Risk Management Services Inc. ('Oracle RMS' or 'the Company'), an award-winning commercial and personal lines insurance brokerage, is pleased to announce that it has finalized a strategic investment from Boston-based private equity firm Abry Partners ('Abry'). This collaboration marks a significant milestone in Oracle RMS's journey as it prepares for its next phase of growth and expansion. Article content Founded in 2011 by John Ferraro and Michael Di Nardo and headquartered in Ontario, Canada, Oracle RMS has grown into one of Canada's largest independent brokerages, serving over 60,000 customers through nearly 40 locations and over 300 dedicated insurance professionals. The Company was built on the vision of delivering independent, expert advice tailored to the unique needs of its client while creating a workplace where the industry's most talented and entrepreneurial brokers can thrive – a commitment that continues to drive its success today. Article content Oracle RMS's leadership team retains significant equity ownership and will continue to lead the business during its next phase of growth. Abry's investment and strategic support will enable Oracle RMS to scale the resources it provides to producers and branches, enhance its partnerships with capacity markets, and pursue strategic M&A opportunities that complement the Company's distinguished and entrepreneurial culture. Article content 'This partnership with Abry Partners marks an exciting new chapter for Oracle RMS,' said John Ferraro, CEO of Oracle RMS. 'Abry's investment is a strong vote of confidence in the exceptional talent of our people, the strength of our proven business model, and our long-term vision for growth across Canada.' Article content Abry, a leading middle-market private equity firm with deep expertise in the insurance distribution sector, has a proven track record of supporting high-performing retail brokerage platforms across North America. This investment reinforces Abry's institutional commitment to insurance services and marks its entry into the Canadian insurance distribution market. Article content 'We were highly impressed by Oracle RMS as a business, but even more-so by its people and culture,' said David Coneway, Principal at Abry. 'The Company embodies the client-first ethos and entrepreneurial spirit that have long defined exceptional brokers and combines it with a passion for meeting the evolving needs of its valued insurance markets. We are thrilled to partner with John and Mike to further support their growth.' Article content Michael Di Nardo, President of Oracle RMS, stated, 'With Abry's support, we are well-positioned to accelerate the expansion of our branch and producer network. This partnership empowers us to serve more communities across Canada while continuing to strengthen the Oracle RMS brand both locally and nationally.' Article content 'Abry has a long history of scaling insurance distribution platforms into perennial market leaders,' added Nathan Ott, Partner at Abry. 'Oracle RMS represents the continued evolution of our thesis in the retail brokerage market. We look forward to building a fully integrated, growth-oriented platform that empowers its producers and branches through scalable infrastructure and differentiated support.' Article content KPMG Corporate Finance Inc. served as exclusive financial advisor to Oracle RMS. Article content About Oracle RMS Article content Oracle RMS is an award-winning insurance brokerage servicing clients throughout Ontario, Canada. Michael Di Nardo and John Ferraro, the founders, have assembled a powerhouse of insurance professionals who are committed to providing customers with exceptional service and risk protection. Article content Our services include home and auto insurance, commercial insurance, life insurance, and group benefits for corporations. We pride ourselves on always providing our clients with outstanding customer service and going above and beyond for every single client. Article content About Abry Partners Article content Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages $17 billion of assets across several fund strategies. Article content Article content Article content Oracle RMS Article content Article content Article content Article content
Business Wire
03-07-2025
- Business
- Business Wire
Oracle RMS Announces Investment Partnership with Abry Partners to Accelerate Growth
CONCORD, Ontario & BOSTON--(BUSINESS WIRE)--Oracle Insurance Risk Management Services Inc. ("Oracle RMS" or 'the Company'), an award-winning commercial and personal lines insurance brokerage, is pleased to announce that it has finalized a strategic investment from Boston-based private equity firm Abry Partners ('Abry'). This collaboration marks a significant milestone in Oracle RMS's journey as it prepares for its next phase of growth and expansion. Founded in 2011 by John Ferraro and Michael Di Nardo and headquartered in Ontario, Canada, Oracle RMS has grown into one of Canada's largest independent brokerages, serving over 60,000 customers through nearly 40 locations and over 300 dedicated insurance professionals. The Company was built on the vision of delivering independent, expert advice tailored to the unique needs of its client while creating a workplace where the industry's most talented and entrepreneurial brokers can thrive – a commitment that continues to drive its success today. Oracle RMS's leadership team retains significant equity ownership and will continue to lead the business during its next phase of growth. Abry's investment and strategic support will enable Oracle RMS to scale the resources it provides to producers and branches, enhance its partnerships with capacity markets, and pursue strategic M&A opportunities that complement the Company's distinguished and entrepreneurial culture. 'This partnership with Abry Partners marks an exciting new chapter for Oracle RMS,' said John Ferraro, CEO of Oracle RMS. "Abry's investment is a strong vote of confidence in the exceptional talent of our people, the strength of our proven business model, and our long-term vision for growth across Canada." Abry, a leading middle-market private equity firm with deep expertise in the insurance distribution sector, has a proven track record of supporting high-performing retail brokerage platforms across North America. This investment reinforces Abry's institutional commitment to insurance services and marks its entry into the Canadian insurance distribution market. 'We were highly impressed by Oracle RMS as a business, but even more-so by its people and culture,' said David Coneway, Principal at Abry. 'The Company embodies the client-first ethos and entrepreneurial spirit that have long defined exceptional brokers and combines it with a passion for meeting the evolving needs of its valued insurance markets. We are thrilled to partner with John and Mike to further support their growth.' Michael Di Nardo, President of Oracle RMS, stated, "With Abry's support, we are well-positioned to accelerate the expansion of our branch and producer network. This partnership empowers us to serve more communities across Canada while continuing to strengthen the Oracle RMS brand both locally and nationally." 'Abry has a long history of scaling insurance distribution platforms into perennial market leaders,' added Nathan Ott, Partner at Abry. 'Oracle RMS represents the continued evolution of our thesis in the retail brokerage market. We look forward to building a fully integrated, growth-oriented platform that empowers its producers and branches through scalable infrastructure and differentiated support.' KPMG Corporate Finance Inc. served as exclusive financial advisor to Oracle RMS. About Oracle RMS Oracle RMS is an award-winning insurance brokerage servicing clients throughout Ontario, Canada. Michael Di Nardo and John Ferraro, the founders, have assembled a powerhouse of insurance professionals who are committed to providing customers with exceptional service and risk protection. Our services include home and auto insurance, commercial insurance, life insurance, and group benefits for corporations. We pride ourselves on always providing our clients with outstanding customer service and going above and beyond for every single client. About Abry Partners Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages $17 billion of assets across several fund strategies.
Business Wire
24-06-2025
- Business
- Business Wire
Aegis Sciences Corporation Announces Successful $170 Million Debt Refinancing to Support Continued Growth
NASHVILLE, Tenn.--(BUSINESS WIRE)-- Aegis Sciences Corporation, a leading national healthcare and forensic toxicology laboratory, today announced the successful completion of a $170 million debt refinancing, advised by CoveView Advisors. Aegis is a portfolio company of Abry Partners, a leading sector-focused North American private equity firm. In addition to contributions from new debt investors led by Kayne Anderson, Abry Partners is providing incremental growth equity capital to support Aegis's ambitious expansion plans. As part of the transaction, Aegis also retains an undrawn revolving credit facility which will be used to finance future growth investments. 'We are thrilled to extend our long-standing partnership with Frank and the entire Aegis team to continue to grow the company to unprecedented levels,' commented Rob MacInnis of Abry Partners. Share 'We appreciate the tremendous support from both existing and new investors as we successfully close this important financing for the company,' said Dr. Frank Basile, Chief Executive Officer of Aegis. 'Aegis's track record of product leadership, strong organic growth, and accelerating operational efficiency places us in a strong position to fully leverage our best-in-class platform in what remains a highly fragmented sector.' 'We are thrilled to extend our long-standing partnership with Frank and the entire Aegis team to continue to grow the company to unprecedented levels,' commented Rob MacInnis of Abry Partners. The refinancing was a scheduled event, prompted by the maturity of the company's prior credit facility. Aegis's strong financial position and attractive growth prospects enabled the company to successfully complete this transaction despite recent financial market uncertainties. With this refinancing, Aegis is well positioned to capitalize on future expansion opportunities and to further strengthen its market leadership in the coming years. About Aegis Sciences Corporation Founded in 1990, Aegis Sciences Corporation is a laboratory sciences company based in Nashville, Tenn., that provides science-driven testing and consulting services for clients such as health care providers, pharmaceutical companies, professional and amateur sports organizations, leading college and university athletic programs, Fortune 500 corporations, and government agencies throughout the United States. For more information, please visit About Abry Partners Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages $17 billion of assets across several fund strategies. More information about Abry Partners: About CoveView Advisors CoveView Advisors is an independent advisory firm providing investment banking services to corporations, private equity firms, and investors. CoveView brings continuous senior-level attention to every engagement with a focus on delivering unbiased strategic advice and execution. CoveView's partners average more than 30 years of experience in debt and equity capital markets, mergers and acquisitions, private equity, leveraged finance, and restructuring. For more information, please visit:
Yahoo
09-06-2025
- Business
- Yahoo
Burgess Hodgson secures investment from Abry Partners
UK accountancy and advisory company Burgess Hodgson has secured an undisclosed investment from US private equity group Abry Partners. The Kent-based firm caters to fast-growing small and medium-sized enterprises (SMEs) and individual customers across the UK. Established in 1938, Burgess Hodgson, with headquarters in Canterbury, offers accounting and advisory services to more than 5,000 SME clients. The firm's team of more than 200 professionals delivers a broad range of services, including audit, tax, accounts advisory, outsourced finance, payroll, and corporate advisory solutions. Abry said the investment represents a key step in the professional services provider's expansion plans, offering both strategic guidance and financial backing to scale the business. The partnership aims to extend the firm's geographic reach, strengthen its digital infrastructure, and support selective acquisitions as it evolves into a larger, multi-regional advisory platform. Burgess Hodgson's leadership and partners will maintain significant equity ownership and will continue to guide the firm's strategic direction. As part of the investment, Mark Pacitti, former global leader of Deloitte's Corporate Finance Advisory practice and past chairman of the ICAEW Corporate Finance Faculty, will join the board of Burgess Hodgson as non-executive chairman. The transaction's completion is contingent upon customary regulatory approvals. Continuum Advisory Partners is acting as the exclusive financial advisor to Burgess Hodgson, while Hines Associates and Paul Hastings (Europe) are advising and providing legal counsel to Abry Partners. "Burgess Hodgson secures investment from Abry Partners" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
