Hagerty receives USD 105 Million in Capital from investors

Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, recently announced that the company is raising $105 million in capital from existing strategic investors including State Farm, Markel Group and the Hagerty family. This capital raise is comprised of $80 million of convertible preferred equity, which closed on June 23rd, […]