Announced
Completed
Synopsis
The Ardonagh Group, the UK's largest independent insurance broker, completed the acquisition of Arachas, a commercial insurance brokerage, from Madison Dearborn Partners and HPS Investment Partners, two private equity firms, for €302m ($343m). Ardonagh and Arachas share an affinity for delivering exceptional customer service and building innovative solutions that ensure a seamless service delivery for insurance customers.
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