Oracle Insurance receives investment from Abry Partners, a US private equity firm.

Oracle Insurance Risk Management Services (Oracle RMS) in Canada secures investment from US-based private equity firm Abry Partners. Specifics undisclosed. Established in 2011, Oracle RMS serves over 60,000 clients with 40 branches and 300+ professionals. Offers commercial and personal insurance. Abry Partners impressed by Oracle RMS’s business and culture, excited to support growth. Abry specializes in insurance distribution, previously divesting Innovisk Capital Partners to Ryan Specialty. Deal advised by KPMG Corporate Finance. Oracle RMS leadership retains significant equity stake.

Read more at Yahoo Finance: Oracle Insurance receives investment from Abry Partners