Latest news with #Accelerant
Business Wire
2 days ago
- Business
- Business Wire
Accelerant Announces Date of Second Quarter 2025 Financial Results and Conference Call
ATLANTA--(BUSINESS WIRE)--Accelerant Holdings ('Accelerant') (NYSE: ARX), a leading technology company operating a data-driven risk exchange platform for the specialty insurance market, today announced that it will release financial results for the quarter ended June 30, 2025 before the market opens on Thursday, August 28, 2025. Accelerant will host a webcast and conference call to discuss second quarter financial results at 8:00 A.M. Eastern Time. Webcast and Conference Call Details When: August 28, 2025 at 8:00 A.M. Eastern Time. Webcast: A live webcast of the call can be accessed from the Investor Relations section of Accelerant's website at Following the call, a replay will be available on Accelerant's website. Dial-in: To access the call via telephone in North America, please dial 800-715-9871. For callers outside the United States, please dial +1 646-307-1963. Participants should reference the conference call ID code '6232893' after dialing in. About Accelerant Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone. The Accelerant risk exchange does business across 22 different countries and more than 500 specialty insurance products.
Globe and Mail
25-07-2025
- Business
- Globe and Mail
Accelerant Holdings Announces Closing of Upsized Initial Public Offering and Full Exercise of Over-Allotment Option
Accelerant Holdings ('Accelerant') announced today the closing of its upsized initial public offering of 39,630,324 of its Class A common shares, par value $0.0000011951862 per share (the 'Common Shares'), at a price to the public of $21.00 per Common Share. The offering consisted of 20,276,280 Common Shares offered by Accelerant and 19,354,044 Common Shares sold by certain of Accelerant's existing shareholders (the 'Selling Shareholders'), which includes 5,169,172 Common Shares sold pursuant to the full exercise by the underwriters of their over-allotment option. Accelerant will not receive any proceeds from the sale of Common Shares by the Selling Shareholders. The Common Shares began trading on the New York Stock Exchange under the ticker symbol 'ARX' on July 24, 2025. Morgan Stanley & Co. LLC acted as lead left active bookrunner, Goldman Sachs & Co. LLC acted as lead right active bookrunner, and BMO Capital Markets Corp. and RBC Capital Markets, LLC acted as active bookrunners for the offering. Wells Fargo Securities, LLC; Piper Sandler & Co.; William Blair & Company, L.L.C.; Raymond James & Associates, Inc.; and TD Securities (USA) LLC acted as bookrunners. Citizens Capital Markets and FT Partners acted as co-managers. The offering of Accelerant's Common Shares was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained for free by visiting EDGAR on the U.S. Securities and Exchange Commission's (the 'SEC') website at Alternatively, copies of the final prospectus may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 or by email at prospectus@ Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ BMO Capital Markets Corp., Attention: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, by telephone at (800) 414-3627, or by email at bmoprospectus@ RBC Capital Markets, LLC, Attention: Equity Capital Markets, 200 Vesey Street, 8th Floor, New York, NY 10281, by telephone at (877) 822-4089, or by email at equityprospectus@ A registration statement on Form S-1 relating to the Common Shares was declared effective by the SEC on July 23, 2025. This press release does not constitute an offer to sell or the solicitation of an offer to buy Common Shares, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. ABOUT ACCELERANT Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone. The Accelerant risk exchange does business across 22 different countries and more than 500 specialty insurance products.
Business Wire
25-07-2025
- Business
- Business Wire
Accelerant Holdings Announces Closing of Upsized Initial Public Offering and Full Exercise of Over-Allotment Option
ATLANTA--(BUSINESS WIRE)--Accelerant Holdings ('Accelerant') announced today the closing of its upsized initial public offering of 39,630,324 of its Class A common shares, par value $0.0000011951862 per share (the 'Common Shares'), at a price to the public of $21.00 per Common Share. The offering consisted of 20,276,280 Common Shares offered by Accelerant and 19,354,044 Common Shares sold by certain of Accelerant's existing shareholders (the 'Selling Shareholders'), which includes 5,169,172 Common Shares sold pursuant to the full exercise by the underwriters of their over-allotment option. Accelerant will not receive any proceeds from the sale of Common Shares by the Selling Shareholders. The Common Shares began trading on the New York Stock Exchange under the ticker symbol 'ARX' on July 24, 2025. Morgan Stanley & Co. LLC acted as lead left active bookrunner, Goldman Sachs & Co. LLC acted as lead right active bookrunner, and BMO Capital Markets Corp. and RBC Capital Markets, LLC acted as active bookrunners for the offering. Wells Fargo Securities, LLC; Piper Sandler & Co.; William Blair & Company, L.L.C.; Raymond James & Associates, Inc.; and TD Securities (USA) LLC acted as bookrunners. Citizens Capital Markets and FT Partners acted as co-managers. The offering of Accelerant's Common Shares was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained for free by visiting EDGAR on the U.S. Securities and Exchange Commission's (the 'SEC') website at Alternatively, copies of the final prospectus may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 or by email at prospectus@ Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ BMO Capital Markets Corp., Attention: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, by telephone at (800) 414-3627, or by email at bmoprospectus@ RBC Capital Markets, LLC, Attention: Equity Capital Markets, 200 Vesey Street, 8th Floor, New York, NY 10281, by telephone at (877) 822-4089, or by email at equityprospectus@ A registration statement on Form S-1 relating to the Common Shares was declared effective by the SEC on July 23, 2025. This press release does not constitute an offer to sell or the solicitation of an offer to buy Common Shares, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. ABOUT ACCELERANT Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone. The Accelerant risk exchange does business across 22 different countries and more than 500 specialty insurance products.
CNBC
24-07-2025
- Business
- CNBC
Accelerant just went public. CEO Jeff Radke breaks down what the company does
Jeff Radke, Accelerant CEO, joins 'Power Lunch' to discuss what the company does, how helpful this is to industry and much more.
Reuters
24-07-2025
- Business
- Reuters
Accelerant valued at $6.4 billion in debut as insurance IPOs heat up
July 24 (Reuters) - Billionaire sports financier Todd Boehly-backed Accelerant (ARX.N), opens new tab was valued at $6.4 billion as its shares jumped 36% in their New York debut on Thursday, underscoring a strong investor appetite for insurance listings. The shares of the specialty insurance marketplace opened at $28.50 apiece, above the $21 offer price. In 2023, the company was valued at $2.4 billion. The strong debut adds to the growing momentum for insurance IPOs that has emerged as a key theme in the new listings market since Liberation Day, with a string of companies successfully pulling off first-time share sales. Accelerant and some of its shareholders sold roughly 34.5 million shares in an upsized IPO to raise $724 million. They had earlier planned on selling roughly 29 million shares between $18 and $20 apiece. "The tariff-induced volatility has triggered a classic flight to quality, forcing investors to prioritize predictable cash flows over speculative growth," said Lukas Muehlbauer, IPOX research associate. "Insurance companies are the primary beneficiaries of this shift in risk appetite, as their defensive business models are more suited to withstanding economic uncertainty." A number of insurance companies such as Aspen Insurance (AHL.N), opens new tab, American Integrity Insurance (AII.N), opens new tab, Ategrity Specialty Insurance (ASIC.N), opens new tab and Slide Insurance (SLDE.O), opens new tab have completed IPOs in New York since May, and all of them are trading above the offer price, while some IPOs were upsized. "It seems to be a combination of an industry that is more immune to the current market risks, and is innovating in the right ways at the right time," said Laura Katherine Mann, partner at law firm White & Case. "The rebound for insurance might continue for a time, but in a volatile market, it is the first movers that will benefit from the current investor appetite for these companies." Besides Boehly's Eldridge, Accelerant is backed by investment firms Altamont Capital Partners and Barings.
