Onex Corporation has completed the sale of approximately 4.1 million shares of Class A Common Stock of Ryan Specialty Holdings, Inc., fully exiting its investment in the company. The sale generated $226 million in proceeds, bringing Onex's total realized proceeds from its investment in Ryan Specialty to $1.2 billion. This represents a 3.8x multiple of capital and an internal rate of return of 49%. As part of the exit, Onex CEO Bobby Le Blanc will retire from Ryan Specialty's board. The leadership of both companies acknowledged the value created during the partnership and expressed appreciation for the collaboration over the past seven years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onex Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9598274-en) on December 08, 2025, and is solely responsible for the information contained therein.