Knowledge

Acrisure

Source 📝

27: 128: 198:; in 2014 the company acquired 23 firms and in 2015, it took over 59 other agencies compared to 26 acquisitions between 2005 and 2013. The majority of Acrisure's trade – 60% of deals – come from existing entities it acquired, with the company's 216:
insurance platform. By 2021, the company acquired 155 firms that year, generating $ 2.82 billion of revenue and experiencing 42.7% growth. Acrisure was granted naming rights for the newly-constructed
202:
Dave Tuit stating "We find successful agencies, buy them and they become an agency partner." In October 2016, Acrisure's management purchased back ownership of the company from Genstar Capital.
542: 461: 654: 489: 619: 284: 348: 649: 257:-headquartered insurance company, Modus Underwriting Ltd. That month, the insurance company also earned naming rights for a new amphitheater in Grand Rapids; 427: 659: 235:
to Acrisure, with the company being valued at $ 23 billion at the time. In July 2022, Acrisure was granted naming rights for
568: 516: 228: 208:
provided funding to Acrisure in December 2018. In 2019, the company was 84% employee-owned and after acquiring
543:"Heinz Field becomes Acrisure Stadium in new naming rights deal with the Thomas Tull-connected insurance firm" 521: 322: 289: 174: 594: 353: 250:
In July 2022, Acrisure acquired two managed service providers, ITS Inc. and Catalyst Technology Group.
221: 375: 317: 401: 169: 547: 213: 199: 165: 258: 569:"Acrisure acquires Catalyst Technology Group and ITS to expand its cyber services offering" 157: 37: 8: 432: 244: 437: 490:"New Coachella Valley sports and entertainment venue will be called Acrisure Arena" 236: 179: 406: 191: 494: 217: 205: 643: 620:"New Grand Rapids riverfront concert venue to be named Acrisure Amphitheater" 466: 441: 94: 195: 84: 190:
In 2005, Acrisure was founded by Greg Williams and Ricky Norris. In 2013,
168:. The company was initially created to acquire insurance companies in the 232: 209: 462:"Acrisure Acquires Tulco's Artificial Intelligence Insurance Business" 194:
purchased Acrisure and much of the company's growth was accounted by
161: 47: 88: 349:"Acquisitions drive record growth of insurance brokerage Acrisure" 26: 254: 595:"Acrisure acquires award-winning MGA Modus - Reinsurance News" 428:"Genstar Selling Acrisure to Insurance Brokerage's Management" 253:
In September 2023, it was announced Acrisure had acquired the
140: 212:-based Tulco Labs in 2020, began to organize Altway, an 655:Financial services companies of the United States 641: 318:"'Entrepreneurial DNA' drives Acrisure's growth" 592: 376:"Genstar Capital Acquires Michigan's Acrisure" 650:Organizations based in Grand Rapids, Michigan 285:"Top insurance brokers, No. 8: Acrisure LLC" 172:and has since expanded nationally. In 2022, 243:) in Pittsburgh, Pennsylvania, home to the 517:"Acrisure closes $ 725M in equity funding" 402:"Acrisure Announces Management-Led Buyout" 593:Jimenez-Sanchez, Kassandra (2023-09-07). 399: 282: 617: 178:recognized Acrisure as the 6th largest 642: 514: 315: 229:Abu Dhabi Investment Authority (ADIA) 343: 341: 339: 311: 309: 307: 278: 276: 274: 231:funded $ 725 million in series B-2 13: 283:Bradford, Michael (12 July 2022). 14: 671: 508: 336: 304: 271: 487: 127: 126: 25: 660:2005 establishments in Michigan 611: 586: 561: 535: 481: 454: 420: 400:Giordano, Susan (2016-10-22). 393: 368: 1: 618:McVicar, Brian (2023-09-22). 522:Grand Rapids Business Journal 515:Watson, Rachel (2022-06-06). 323:Grand Rapids Business Journal 316:Watson, Rachel (2019-10-04). 264: 7: 75:Greg Williams, Ricky Norris 59:; 19 years ago 10: 676: 222:Thousand Palms, California 185: 164:company headquartered in 135: 121: 101: 79: 71: 53: 43: 33: 24: 16:American insurance broker 354:Crain's Detroit Business 170:Midwestern United States 548:Pittsburgh Post-Gazette 214:artificial intelligence 200:chief financial officer 166:Grand Rapids, Michigan 259:Acrisure Amphitheater 239:(previously known as 158:financial technology 38:Financial technology 433:Wall Street Journal 245:Pittsburgh Steelers 21: 290:Business Insurance 227:In June 2022, the 224:in January 2022. 175:Business Insurance 19: 573:Help Net Security 380:Insurance Journal 151: 150: 667: 634: 633: 631: 630: 615: 609: 608: 606: 605: 599:ReinsuranceNe.ws 590: 584: 583: 581: 580: 565: 559: 558: 556: 555: 539: 533: 532: 530: 529: 512: 506: 505: 503: 502: 488:John, Andrew L. 485: 479: 478: 476: 475: 458: 452: 451: 449: 448: 424: 418: 417: 415: 414: 397: 391: 390: 388: 387: 372: 366: 365: 363: 362: 345: 334: 333: 331: 330: 313: 302: 301: 299: 297: 280: 237:Acrisure Stadium 180:insurance broker 147: 144: 142: 130: 129: 67: 65: 60: 29: 22: 18: 675: 674: 670: 669: 668: 666: 665: 664: 640: 639: 638: 637: 628: 626: 616: 612: 603: 601: 591: 587: 578: 576: 567: 566: 562: 553: 551: 541: 540: 536: 527: 525: 513: 509: 500: 498: 486: 482: 473: 471: 460: 459: 455: 446: 444: 426: 425: 421: 412: 410: 407:Genstar Capital 398: 394: 385: 383: 374: 373: 369: 360: 358: 347: 346: 337: 328: 326: 314: 305: 295: 293: 281: 272: 267: 192:Genstar Capital 188: 139: 125:$ 2.82 billion 117: 97: 91: 63: 61: 58: 17: 12: 11: 5: 673: 663: 662: 657: 652: 636: 635: 610: 585: 560: 534: 507: 495:The Desert Sun 480: 453: 436:. 2016-10-21. 419: 392: 367: 335: 303: 269: 268: 266: 263: 218:Acrisure Arena 206:Blackstone Inc 187: 184: 182:in the world. 149: 148: 137: 133: 132: 123: 119: 118: 116: 115: 112: 109: 105: 103: 99: 98: 93: 83: 81: 77: 76: 73: 69: 68: 55: 51: 50: 45: 41: 40: 35: 31: 30: 15: 9: 6: 4: 3: 2: 672: 661: 658: 656: 653: 651: 648: 647: 645: 625: 621: 614: 600: 596: 589: 574: 570: 564: 550: 549: 544: 538: 524: 523: 518: 511: 497: 496: 491: 484: 469: 468: 467:Business Wire 463: 457: 443: 439: 435: 434: 429: 423: 409: 408: 403: 396: 381: 377: 371: 356: 355: 350: 344: 342: 340: 325: 324: 319: 312: 310: 308: 292: 291: 286: 279: 277: 275: 270: 262: 260: 256: 251: 248: 246: 242: 238: 234: 230: 225: 223: 219: 215: 211: 207: 203: 201: 197: 193: 183: 181: 177: 176: 171: 167: 163: 159: 155: 146: 138: 134: 124: 120: 113: 110: 107: 106: 104: 100: 96: 95:United States 90: 86: 82: 78: 74: 70: 56: 52: 49: 46: 42: 39: 36: 32: 28: 23: 627:. Retrieved 623: 613: 602:. Retrieved 598: 588: 577:. Retrieved 575:. 2022-07-21 572: 563: 552:. Retrieved 546: 537: 526:. Retrieved 520: 510: 499:. Retrieved 493: 483: 472:. Retrieved 470:. 2020-07-29 465: 456: 445:. Retrieved 431: 422: 411:. Retrieved 405: 395: 384:. Retrieved 382:. 2013-03-01 379: 370: 359:. Retrieved 357:. 2016-02-21 352: 327:. Retrieved 321: 294:. Retrieved 288: 252: 249: 240: 226: 204: 196:acquisitions 189: 173: 153: 152: 131: (2021) 85:Grand Rapids 80:Headquarters 34:Company type 241:Heinz Field 233:stock funds 644:Categories 629:2024-01-26 604:2023-09-08 579:2022-07-22 554:2022-07-12 528:2022-07-12 501:2022-07-12 474:2022-07-12 447:2022-07-12 413:2022-07-12 386:2022-07-12 361:2022-07-12 329:2022-07-12 265:References 210:Pittsburgh 442:0099-9660 162:insurance 143:.acrisure 114:Investing 111:Insurance 48:Insurance 154:Acrisure 102:Services 89:Michigan 72:Founders 44:Industry 20:Acrisure 296:13 July 186:History 136:Website 122:Revenue 108:Banking 62: ( 54:Founded 440:  255:London 624:mlive 156:is a 438:ISSN 298:2022 160:and 145:.com 64:2005 57:2005 247:. 220:in 141:www 646:: 622:. 597:. 571:. 545:. 519:. 492:. 464:. 430:. 404:. 378:. 351:. 338:^ 320:. 306:^ 287:. 273:^ 261:. 92:, 87:, 632:. 607:. 582:. 557:. 531:. 504:. 477:. 450:. 416:. 389:. 364:. 332:. 300:. 66:)

Index


Financial technology
Insurance
Grand Rapids
Michigan
United States
www.acrisure.com
financial technology
insurance
Grand Rapids, Michigan
Midwestern United States
Business Insurance
insurance broker
Genstar Capital
acquisitions
chief financial officer
Blackstone Inc
Pittsburgh
artificial intelligence
Acrisure Arena
Thousand Palms, California
Abu Dhabi Investment Authority (ADIA)
stock funds
Acrisure Stadium
Pittsburgh Steelers
London
Acrisure Amphitheater


Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.