Hagerty, Inc. (HGTY) Announces $105M Capital Raise
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Hagerty Raises $105 Million in Capital from Strategic Investors
June 23, 2023 4:15 PM EDTProceeds for Profitable Growth Initiatives
TRAVERSE CITY, Mich., June 23, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family.
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