Acrisure is an insurance brokerage company that provides medium and large-sized enterprises throughout the US Midwest with insurance services. Acrisure focuses on intelligent-driven insurance services, placing property and casualty, benefits, and a variety of specialty lines. The company offers a wide range of products such as Insurance, Cyber Services, Real Estate Services, and Asset and Wealth Management.
The funding round was led by Abu Dhabi Investment Authority (ADIA). Among other participants were Guggenheim Investments on behalf of certain clients and Oak Hill Advisors (OHA). The money raised will be used for further acquisitions, marketing, brand awareness increase, tech solutions growth, and human and technological infrastructure investments.
Acrisure, Caledonia, the USA, was founded by Ricky Norris and Greg Williams in 2006. Since the last funding round in March 2021, the company represents a 31% increase in valuation. “We are thrilled to partner with ADIA and OHA, premier, globally recognized investment institutions, and continue our work with Guggenheim. This transaction reaffirms how the market, and our partners, value the strength of our performance and trajectory for future growth,” Greg Williams, Co-Founder, CEO, and President of Acrisure. Within the last 8 years, Acrisure’s revenue has grown from $38 million to $3.5 billion, being present in locations throughout the world. In 2021, Acrisure has closed over 130 deals, 75% of which were referrals from within the current Acrisure Global Partner Network.