LOS ANGELES, CA. – October 16, 2025 – The Liberty Company Insurance Brokers (Liberty), one of America’s fastest-growing privately held insurance brokerages, today announced the successful closing of its debut $525 million first lien credit facility. The transaction includes a new 7-year $425 million Term Loan B and a 5-year $100 million Revolving Credit Facility, with J.P. Morgan acting as Lead-Left Arranger and Bookrunner.
This latest milestone builds on Liberty’s momentum following the February 2025 upsizing of its syndicated credit facility, further underscoring investor confidence in the company’s vision, strategy, and financial strength.
Strategic Use of Capital and Continued Growth Trajectory
Proceeds from the transaction will be used to refinance existing debt, provide liquidity to employees, continue to invest in our technology and people infrastructure, and support Liberty’s robust pipeline of partnerships and new producer hires. The financing marks the third transaction J.P. Morgan has led for Liberty since 2023, reinforcing the longstanding partnership between the two firms.
“This transaction represents a meaningful step forward in Liberty’s long-term strategic plan and will allow us to continue to invest in and grow the Liberty platform while also providing ongoing Liquidity opportunities for our employees,” said Bill Johnson, Founder, Chairman & CEO of The Liberty Company Insurance Brokers. “We remain focused on creating the best Culture, the best work experience and the best work environment in the industry, and through that, attracting the best talent to continue to drive our outstanding growth both organically and through new partnerships.”
A Platform for Scaled Expansion and Financial Discipline
With this debut leveraged loan issuance, Liberty strengthens its capital structure and affirms its position as a leading specialty insurance brokerage with national reach and multi-line capabilities. The company operates across four key divisions: Liberty Middle Market P&C, Liberty Select (personal/small commercial), Liberty Benefits, and Liberty Specialty.
“This facility enhances our financial flexibility and positions us to execute against our growth priorities,” added Bernadetta Scholz, Chief Financial Officer of Liberty. “We are proud to partner with J.P. Morgan on this important milestone, which further empowers us to deliver on our commitment to colleagues, clients, and stakeholders across the board.”
Industry Validation and Market Confidence
J.P. Morgan led the transaction following a targeted pre-marketing process that generated strong demand from the lending community, ultimately pricing in line with talk at S+375 / 0.00% / 99.50. Liberty’s story was successfully differentiated in the market, resulting in a strong debut ratings outcome and a significantly oversubscribed debut Term Loan B offering, demonstrating clear support from many of the industry’s most respected and sophisticated investors for the company’s strategic direction and operational maturity.
This announcement reaffirms Liberty’s ongoing investment in building a resilient platform for sustained success through strategic acquisitions, operational excellence, and an unwavering commitment to culture and client service.
About The Liberty Company Insurance Brokers
The Liberty Company Insurance Brokers is among America’s fastest-growing privately-held insurance brokerages. Liberty provides entrepreneurial producers and agency leaders a unique platform to serve clients and create equity in a strong and welcoming culture built upon its core values of Integrity, Excellence, Caring, Kindness, Fairness, Teamwork, Good Feelings, and Fun. To learn more about Liberty, visit www.libertycompany.com.
Media Contact:
Carli Humphries
Director, External Communications
949-209-4916
