A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) led the round, with participation from Guggenheim Investments on behalf of certain clients and Oak Hill Advisors (OHA).

The new funding will allow Acrisure to continue pursuing value-accretive acquisitions, grow its tech enabled solutions, increase marketing and brand awareness, and invest in human and technological infrastructure to support industry‑leading growth. The new equity raise immediately reduces Acrisure’s net debt leverage by 0.6x.

Greg Williams, co-founder, CEO and president of Acrisure, said: “This investment is a testament to our strategic direction and ability to innovate and adapt to the needs of our customers,” said. “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.”