Announced

Madison Dearborn and HPS to acquire Arachas from Sovereign Capital Partners.

Synopsis

Private equity firms Madison Dearborn Partners and HPS Investment Partners are set to acquire Arachas Corporate Brokers, a commercial insurance brokerage, from Sovereign Capital Partners, a private equity firm. Financial terms were not disclosed. “This has been a fantastic period of expansion and development for the group. Sovereign has been a highly supportive investor providing both financial and strategic capability. We are well-positioned to continue to flourish in what is an exciting insurance market," Conor Brennan, Arachas CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US