Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion.
BDT Capital Partners, a merchant bank, led a $3 billion investment through its affiliated investment funds into Acrisure’s senior preferred stock.
In addition, a consortium of investors Acrisure says were attracted by its tech-enabled partnership model and its July acquisition artificial intelligence (AI) firm Tulco’s insurance business, has invested $454 million of new capital in junior preferred stock.
