Ryan Specialty Group files for IPO

Chicago-based specialty broker Ryan Specialty has submitted a draft registration statement on Form S-1 with the SEC relating to the proposed initial public offering of its Class A common stock.

The number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined. Ryan Specialty Group expects to commence the initial public offering following completion of the SEC review process, subject to market and other conditions.