This decision was taken on the basis of the company’s technology-driven strategy. In May, Acrisure secured $2.1 billion in funding from Bain Capital and other investors, valuing the company at $32 billion, in part to support expansion into non-insurance services such as payroll, cybersecurity and employee benefits. In another major deal, Acrisure agreed to acquire Heartland Payroll Solutions, the payroll unit of Global Payments, for $1.1 billion, a move aimed at bolstering its fintech ambitions.
