Accelerant could raise up to $406m from IPO



Accelerant Holdings has launched its initial public offering (IPO) of 28,947,368 Class A common shares, consisting of 20,276,280 common shares offered by Accelerant and 8,671,088 shares to be sold by certain existing shareholders.

Accelerant logoOn July 1st, 2025, Accelerant filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for the proposed underwritten IPO.

The company stated that it intends to list its Class A common shares on the New York Stock Exchange under the ticker symbol “ARX.”

The IPO is priced at a par value of $0.0000011951862 per share, with the offering price expected to be between $18.00 and $20.00 per share.

Accelerant will not receive any proceeds from the sale of common shares by the selling shareholders.

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The total offering of 28,947,368 common shares could raise between $521 million and $579 million. Proceeds Accelerant could receive from the sale of its 20,276,280 shares are expected to be between $365 million and $406 million.

In connection with the offering, certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 4,342,105 common shares. These additional shares could raise a further $78 million to $87 million, though Accelerant will not receive these proceeds.

Morgan Stanley is acting as the lead left active bookrunner, and Goldman Sachs is acting as the lead right active bookrunner.

Meanwhile, BMO Capital Markets and RBC Capital Markets are acting as active bookrunners for the proposed offering.

Wells Fargo Securities, Piper Sandler, William Blair, Raymond James, and TD Securities are acting as bookrunners, while Citizens Capital Markets and FT Partners are serving as co-managers.

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