Acrisure valued at $32bn in $2.1bn funding raise
US broking giant and Top 100 UK broker Acrisure has secured a $2.1bn (£1.57bn) capital raise in a funding round led by Bain Capital.
The news of Bain Capital – which is currently selling Esure to Ageas – leading the group to invest in Acrisure was first reported last month.
The move has valued Acrisure at $32bn, nearly 40% higher than its previous institutional capital raise three years ago.
Alongside private equity house Bain, the investors involved in the transaction include Fidelity Management & Research Company, Apollo Funds, Gallatin Point Capital, BDT & MSD Partners, and a consortium of other investors.
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