Acrisure Raises $2.1 Billion Funding Round

Acrisure Raises $2.1 Billion Funding Round To Advance Its Global Fintech Strategy - SuperbCrew

Acrisure secures $2.1 billion in funding led by Bain Capital, boosting its valuation to $32 billion. The company plans to use the capital for refinancing, acquisitions, and scaling its tech-enabled financial services platform. Recent executive hires and continued investor confidence support its expansion across insurance, fintech, and cybersecurity sectors. Inside the Massive $2.1 Billion Deal: Who’s Backing Acrisure Now Acrisure has secured a $…

As part of a capital increase, the US financial services provider Acrisure has raised $2.1 billion, which is valued at $32 billion, leading the financing round of Bain Capital. The contribution capital injection for Acrisure appeared first on insurance industry today.

FinTech giant Acrisure secures $2.1bn funding led by Bain Capital

Acrisure, a global FinTech company delivering tech-powered financial services to businesses and individuals, has raised $2.1bn through a new issuance of convertible senior preferred stock. The investment round was led by Bain Capital, with participation from Fidelity Management & Research Company, Apollo Funds, Gallatin Point Capital, BDT & MSD Partners, and a consortium of other investors. The round did not involve any secondary sales, with exi…

Acrisure Raises $2.1 Billion Funding Round

Acrisure, a Grand Rapids, MI-based fintech company providing insurance and business solutions, raised $2.1 Billion in funding. The round was led by Bain Capital. Other investors included Fidelity Management and Research Company, Apollo Funds, Gallatin Point Capital, BDT and MSD Partners. The company intends to use the funds to refinance a portion of its existing […] The post Acrisure Raises $2.1 Billion Funding Round appeared first on FinSMEs.

Acrisure’s $2.1B capital raise values Grand Rapids fintech at $32B

Grand Rapids-based insurance brokerage and fintech Acrisure LLC has secured commitments for a $2.1 billion capital raise that it will use for refinancing, strategic M&A and the acceleration of its financial services platform.  The latest raise, which included new convertible senior preferred stock, was led by Bain Capital and valued Acrisure... Please login to read all 769 words.

Acrisure Secures $2.1 Billion Funding Round Led by Bain Capital

Acrisure today announced it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Funds from the round will be used to refinance a portion of its existing non-convertible preferred stock, pursue strategic accretive M&A and accelerate its development as a tech-enabled financial services platform, advancing its strategy to become the preeminent fintec…