Accelerant Holdings has announced the pricing of its upsized initial public offering, offering 34,461,152 Class A common shares at $21.00 per share. The offering is split between 20,276,280 Common Shares offered by Accelerant and 14,184,872 Common Shares sold by existing shareholders.
Accelerant will not receive any proceeds from the sale of Common Shares by the Selling Shareholders. In connection with the offering, certain Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 5,169,172 Common Shares. The Common Shares are expected to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol “ARX” on July 24, 2025. The offering is anticipated to close on July 25, 2025, subject to customary closing conditions.
Morgan Stanley & Co. LLC is serving as lead left active bookrunner, with Goldman Sachs & Co. LLC as lead right active bookrunner. BMO Capital Markets Corp. and RBC Capital Markets, LLC are acting as active bookrunners. Additional bookrunners include Wells Fargo Securities, LLC, Piper Sandler & Co., William Blair & Company, L.L.C., Raymond James & Associates, Inc., and TD Securities (USA) LLC. Citizens Capital Markets and FT Partners are co-managers for the offering.
Accelerant, founded in 2018, operates as a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. The company conducts business across 22 countries and more than 500 specialty insurance products.
