Acrisure, LLC
Acrisure is a multinational financial-technology and insurance-brokerage firm. Originating as an insurance broker (arranging insurance and reinsurance coverage for businesses and individuals), it has expanded into adjacent 'fintech' services including cybersecurity, payroll, and risk management, marketing itself as a technology-driven distribution platform.
Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.
Lenders
Acrisure, LLC is held by 4 BDC lenders in our parsed SEC filings: AGTC, ARCC, BCSF, PSBD.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public). Rows marked stale are from an earlier filing than the lender’s latest — the borrower is absent from its newest filing (exited, repaid, or reported under a different name).
| BDC | Type | Rate | Cash spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| AGTC | 1L Sr Secured | SOFR | 325 | 90.1 | $33M | 2032-06 | 2026-08-07 |
| PSBD | 1L Sr Secured | SOFR | 325 | 90.7 | $4M | 2032-06-21 | 2026-08-05 |
| AGTC | 1L Sr Secured | SOFR | 300 | 90.2 | $14M | 2030-11 | 2026-08-07 |
| PSBD | 1L Sr Secured | SOFR | 300 | 90.7 | $4M | 2030-11-06 | 2026-08-05 |
| BCSF | 1L Sr Secured | SOFR | 325 | 99.2 | $2M | 2030-11-06 | 2024-11-05 stale |
| ARCC | 1L Sr Secured | SOFR | 300 | 100.0 | $200K | 2030-11 | 2026-02-04 stale |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.
- minority investmentADIA leads $725 million Series B-2 equity round in Acrisure at $23 billion valuationA wholly owned subsidiary of the Abu Dhabi Investment Authority led a $725 million Series B-2 preferred equity round in Acrisure, with participation from Guggenheim Investments and Oak Hill Advisors, valuing Acrisure at $23 billion — a 31% increase from its prior preferred equity raise in March 2021.
- minority investmentBlackstone, Partners Group, and Harvest Partners SCF invest $2 billion in Acrisure preferred equityA group of investors led by Blackstone's GSO Capital Partners and Tactical Opportunities businesses, together with Partners Group and Harvest Partners SCF, increased their preferred equity investment in Acrisure to a combined $2 billion, implying a valuation of more than $7 billion.
- acquisitionAcrisure acquires Beach & Associates from Aquiline Capital PartnersAcrisure agreed to acquire 100% of the equity of London-headquartered reinsurance broker Beach & Associates from existing shareholders including Aquiline Capital Partners and current/previous management, with the deal anticipated to close in Q1 2018.
- buyoutManagement-led buyout of Acrisure from Genstar Capital for $2.9 billionAcrisure's CEO Greg Williams led a $2.9 billion management-led buyout from private equity sponsor Genstar Capital, with Blackstone and Partners Group among the minority co-investors; management and agency partners took control of the company.
- lboGenstar Capital acquires AcrisureGenstar Capital purchased Acrisure in 2013, partnering with management to expand its geographic footprint and insurance offerings through aggressive agency acquisitions.
Headlines mentioning Acrisure, LLC
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.