MSI completed the acquisition of FounderShield.

MSI, an indirect subsidiary of BRP Group, completed the acquisition of FounderShield, an insurance distribution platform specializing in commercial insurance for high-growth industries. Financial terms were not disclosed. “Joining BRP Group is a natural next step for us. We’re incredibly proud of our team’s collective accomplishments, and we believe joining the BRP Group team presents a meaningful opportunity to grow faster and more efficiently together,” Carl Niedbala, FounderShield Co-Founder & COO.