Wintrust Insurance Banking Closes Expanded Syndicated Loan With CAC Group

CAC Group, a national specialty insurance brokerage focused on risk management, announced the successful expansion of its syndicated loan facility, further bolstering its financial resources and strategic growth initiatives. The syndicated loan, led by Wintrust Financial Corporation ("Wintrust"), includes participation from several other partners, including Synovus and J.P. Morgan. The increase in capital resources will enable CAC Group to pursue new markets, invest in key areas of growth, and continue delivering exceptional value to its clients.

"Over the past four transformative years, we have sought capital markets partners who understand our business and operations, while allowing for the flexibility to accommodate our growth strategy," said Chris Trotter, CFO at CAC Group. "Support from Wintrust, as agent, and more recently Synovus, has been critical during our expansion and recent merger. With the inclusion of J.P. Morgan, we welcome an excellent addition to our longstanding banking relationships, further solidifying our strategic position."

"The team at CAC Group has built an exceptional business. Wintrust is pleased to continue our support of CAC's vision and strategic growth initiatives through an innovative financing solution," said Lena Dawson, President of Wintrust Insurance Banking, a division of Lake Forest Bank & Trust Company, N.A., a Wintrust Community Bank. "We're proud to leverage our insurance industry expertise to put together a thoughtful and tailored solution for CAC Group."

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Wintrust Financial Corporation published this content on 16 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2023 06:06:04 UTC.