Sovereign Capital-backed Arachas completed the acquisition of Kidd Insurances.

Sovereign Capital-backed Arachas, a Dublin-based broker, completed the acquisition of Kidd Insurances, an Irish insurance company. Financial terms were not disclosed. "They mirror our culture and our philosophy of providing the very best in customer service and focus on niche insurance solutions with their unique product range. Together, we will maintain those high standards to the benefit of customers and staff alike," Donal Cronin Arachas CEO.