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 non-convertible preferred stock, pursue strategic accretive M&A, and accelerate its development as a tech-enabled financial services platform, advancing its strategy.
Led by CEO Greg Williams, Acrisure empowers businesses and individuals with technology and human support, connecting clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, real estate services.
In the last eleven years, he company has grown in revenue from $38M to almost $5 Billion and employs over 19,000 colleagues in 23 countries.
Most recently, the firm hired a new CTO, Mark Wassersug, former COO of the Intercontinental Exchange, and a new Chief Administrative Officer, Shawn Pelsinger, the former Global Head of Corporate Development at Palantir Technologies.
FinSMEs
21/05/2025