TAMPA, Fla., June 24, 2020 (GLOBE NEWSWIRE) -- BRP Group, Inc. (NASDAQ: BRP) today announced the pricing of its offering of 11,500,000 shares of its Class A common stock at a price to the public of $13.25 per share. The underwriters for the offering also have a 30-day option to purchase up to 1,725,000 additional shares of its Class A common stock. BRP Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol “BRP.” The offering is expected to close on June 29, 2020, subject to customary closing conditions.
J.P. Morgan, BofA Securities, Wells Fargo Securities and Jefferies are acting as joint book-running managers, and Keefe, Bruyette & Woods, A Stifel Company, Raymond James, William Blair, Dowling & Partners Securities LLC and Capital One Securities are acting as co-managers for the offering.
ABOUT BRP GROUP, INC.
BRP Group, Inc. (NASDAQ: BRP) is a rapidly growing independent insurance distribution firm delivering tailored insurance and risk management insights and solutions. BRP represents over 500,000 clients across the United States and internationally.