Davis Polk advised BRP Group, Inc. on its $175.2 million follow-on offering of 13,225,000 shares of Class A common stock, which includes 1,725,000 shares from the full exercise of the underwriters’ option to purchase additional shares. The shares of Class A common stock are listed on the Nasdaq Global Select Market under the symbol “BRP.”
Based in Tampa, Florida, 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.
The Davis Polk capital markets team included partners Richard D. Truesdell Jr. and Shane Tintle and associates Pedro J. Bermeo, David D. Kim and Elijah D. Jenkins. The executive compensation team included partner Kyoko Takahashi Lin and associates Joseph S. Brown and Nadia Raynes. The tax team included partner Michael Mollerus and associate Elina Khodorkovsky. All members of the Davis Polk team are based in the New York office.