ABRY Partners invests in Oracle RMS

Oracle RMS , a Canadian insurance brokerage, announced a new investment from ABRY Partners . The deal gives Abry a minority stake in the company as Oracle looks to expand its commercial and personal lines business across Ontario and beyond.

“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.” – said John Ferraro, CEO of Oracle RMS.

“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.” – David Coneway, Principal at Abry.

“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.” – Michael Di Nardo, President of Oracle RMS.

“Abry has a long history of scaling insurance distribution platforms into perennial market leaders. 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.” – Nathan Ott, Partner at Abry.