BRP Group (BRP) Announces 8M Share Proposed Offering
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September 15, 2021 6:08 AM EDT
BRP Group, Inc. (NASDAQ: BRP), an independent insurance distribution firm, today announced the pricing of its offering of 8,000,000 shares of its Class A common stock at a price to the public of $30.50 per share. The underwriters for the offering also have a 30-day option to purchase up to 1,200,000 additional shares of the Companys Class A common stock. BRP Groups Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol BRP. The offering is expected to close on September 17, 2021, subject to customary closing conditions.
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September 13, 2021 4:02 PM EDT
BRP Group, Inc. (BRP Group or the Company) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, today announced that, through its indirect subsidiaries, BRP Group has entered into an agreement to acquire substantially all of the assets of Jacobson, Goldfarb & Scott, Inc., including the equity interests of certain of its subsidiaries (collectively, operating as JGS). Based in Holmdel, New Jersey, JGS is a specialty insurance broker and MGA primarily focused on providing commercial insurance services to middle-market clients across the country. With annual revenues of approximately $43.3 million1, JGS (#61 in Insurance Journals Top... More
