Narrow business focus in the competitive, cyclical, and fragmented market with product concentrations Improving scale and margins supported by acquisitive growth strategy and newly formed national resources Strong presence in the U.S. retail insurance broker middle market Highly leveraged capital structure with limited financial flexibility Very aggressive financial policy due to financial sponsor ownership Adequate liquidity given variable cost structure and limited capital expenditure needs The stable outlook on Acrisure Holdings Inc. reflects Standard&Poor's Ratings Services' expectations that the company's credit metrics will show limited movement over the next 12 months due to improved cash flow arising from increased scale and modest organic growth, though its aggressive acquisition strategy will offset some of the deleveraging that will occur.
