Acrisure Announces Proposed Notes Offering

CALEDONIA, Mich.--(BUSINESS WIRE)-- Acrisure, LLC (the “Company”) and Acrisure Finance, Inc. (together with the Company, the “Issuers”) announced today that they plan to offer, subject to market conditions, approximately $300 million aggregate principal amount of senior notes due 2026 (the “Notes”). The Issuers intend to use the net proceeds from the Notes offering to fund acquisitions and to pay related fees and expenses.

The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Accordingly, the Notes are being offered and sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and outside the United States in reliance on Regulation S under the Securities Act.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Acrisure

Acrisure is a leading insurance brokerage and provides a broad array of insurance-related solutions, including commercial property and casualty (“P&C”), personal lines and employee benefits. Acrisure is the world’s tenth largest insurance brokerage based on brokerage revenues generated in 2018.

Forward-Looking Statements

This press release contains “forward-looking statements” which are subject to certain risks, trends and uncertainties. In particular, statements made that are not historical facts may be forward-looking statements. Words such as “should,” “may,” “will,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “contemplates” and similar expressions identify forward-looking statements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Such forward-looking statements include statements regarding the intention to issue new notes and to use offering proceeds to fund acquisitions. Such forward-looking statements speak only as of the date of this press release and the Company does not undertake any obligation to update any forward-looking statements.

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Analyst Inquiries:

Matthew Schweinzger
Executive Vice President, Chief Financial Officer, Chief Acquisition Officer and Treasurer

(312) 837-3415

mschweinzger@acrisure.com

Kent Snyder
Director of Finance

(616) 541-1359

ksnyder@acrisure.com

Media Inquiries:

Elliott Bundy
Chief Communications and Marketing Officer

(347) 561-0276

ebundy@acrisure.com

Source: Acrisure, LLC