Bain Capital reportedly in discussions to lead $2bn investment in Acrisure

3 months ago 27

GlobalData

Tue, Apr 29, 2025, 8:39 AM 1 min read

A radical led by Bain Capital’s special-situations limb is successful talks to put up to $2bn successful security broker Acrisure, reported Bloomberg, citing sources.

The concern is expected to comprise preferred equity, sources told the publication. The sources added that the presumption of the woody person not been finalised and could inactive change.

According to 1 of the sources, a completed woody would let BDT & MSD Partners, which led a $3bn elder preferred banal concern successful Acrisure successful 2021, to redeem a information of its existing preferred stake.

Representatives for Acrisure, Bain Capital and BDT & MSD declined to comment, Bloomberg said.

Acrisure connects businesses and individuals with a assortment of insurers and describes itself arsenic a financial-technology company.

Based successful Grand Rapids, Michigan, it reports yearly gross of much than $4.8bn, according to its website.

Other investors see a subsidiary of the Abu Dhabi Investment Authority, Guggenheim Investments, and Oak Hill Advisors.

Earlier this year, Acrisure divested its 5 wide agencies to US-based insurer Warner Pacific and agreed connected a partnership.

Earlier this month, Bain Capital agreed to offload UK-based integer insurer Esure to Ageas, a Belgian security group, for an approximate £1.3bn ($1.7bn).

Additionally, Bain Capital disclosed an concern of $825m to get a 9.9% involvement successful Lincoln Financial. This transaction included the merchantability of astir 18.8 cardinal shares of Lincoln's communal banal astatine $44 each, taxable to regulatory approvals.

"Bain Capital reportedly successful discussions to pb $2bn concern successful Acrisure " was primitively created and published by Life Insurance International, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.