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Acrisure could encounter improving market if it pursues IPO

If Acrisure LLC pursues an initial public offering next year, the corporation will face a market that has shown signs of picking up after a soft period over the last year.

The IPO market in the U.S. has been what attorney Phil Torrence, a partner and co-manager at Honigman LLP's Kalamazoo office… ....

Jack Kristan , Plante Moran , New York Stock Exchange , York Stock Exchange , Ernst Young Global Ltd , Aldel Financial Inc , Hagerty Inc , Young Global , Traverse City Based ,

Hagerty specialty auto insurer raises $105M for growth | Crain's Detroit Business

Hagerty Inc. has raised $105 million in a capital raise that the Traverse City-based specialty auto insurer will use to drive growth and improved profitability. The capital raise that closed June 23 included $80 million that Hagerty generated from a private placement involving more than 8.4 million… ....

United States , Michael Tipsord , Mckeel Hagerty , Markel Group , Aldel Financial Inc , State Farm , Farm Chairman , Keel Hagerty ,

Hagerty specialty auto insurer to cut 103 jobs

Hagerty Inc., a Traverse City-based specialty auto insurer, is trimming its headcount in an effort to find cost savings. The company (NYSE: HGTY) disclosed in a regulatory filing Thursday morning that it intends to cut its headcount by about 6 percent, totaling 103 employees. At this time last year… ....

United States , Rob Kauffman , Hagerty Inc , Aldel Financial Inc , Traverse City Based , Aldel Financial , Hurricane Ian ,