Liberty Company secures $100 million credit facility

The Liberty Company Insurance Brokers, “one of America’s fastest-growing privately held insurance brokerages,” announced the $100 million upsizing of its syndicated credit facility, being led by JPMorganChase. In August 2023, the company announced a $340 million credit facility.

This capital will enable Liberty to continue to accelerate its strategic initiatives, particularly in mergers and acquisitions and the expansion of specialized industry services.

“We are grateful for the tremendous and ongoing support extended by our lending group to our business,” Johnson said. “This funding enhances our capability to continue to invest in our infrastructure, new partnerships and most importantly, hiring and developing great people to fuel our growth.” – Bill Johnson, CEO of Liberty.

“This pivotal funding not only supports our strategic acquisitions but also fortifies our market presence. It reflects our strong financial health and the strategic foresight that Liberty maintains in a dynamic economic landscape. We are strategically positioning ourselves to take full advantage of growth opportunities that will enhance our competitive edge and deliver substantial value to our stakeholders.” – Liberty CFO Bernadetta Scholz.