Kirkland Advises Bain Capital on $2.1 Billion Capital Raise for Acrisure

Kirkland & Ellis advised private investment firm Bain Capital on leading a $2.1 billion capital raise for fintech company Acrisure, which includes the issuance of new convertible senior preferred stock. Acrisure plans to use funds from the round to refinance a portion of its existing non-convertible preferred stock, pursue strategic accretive M&A and accelerate its development as a tech-enabled financial services platform, advancing its strategy to become the preeminent fintech solutions provider for millions of small- and medium-sized businesses domestically and abroad. The financing values Acrisure at $32 billion as company strengthens status as a global fintech leader.

Read the transaction press release

The Kirkland team includes capital markets lawyers Julia Danforth and Josh Korff; and corporate lawyers Matthew O’Brien and Abhishek Kolay.