BRP Group (BRP) Announces 8M Share Proposed Offering
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BRP Group, Inc. Announces Proposed Public Offering of Common Stock
September 13, 2021 4:05 PM EDTTAMPA, Fla., Sept. 13, 2021 (GLOBE NEWSWIRE) -- BRP Group, Inc. (BRP Group or the Company) (NASDAQ: BRP), an independent insurance distribution firm, today announced the proposed underwritten offering of 8,000,000 shares of its Class A common stock. The Company also intends to grant the underwriters a 30 day option to purchase up to 1,200,000 additional shares of its Class A common stock.
In addition, BRP Group announced that it continues to have a strong Partnership pipeline and currently expects to close Partner acquisitions generating total acquired revenue of approximately $175Â million to $200Â million in 2021, with all... More
