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New Deal


Announced

Completed

The Ardonagh Group completed the acquisition of Arachas from Madison Dearborn Partners and HPS Investment Partners for €302m.

Financials

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Transaction Value£273m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Friendly

Private Equity

Cross Border

Private

Single Bidder

Majority

Full Line Insurance

retail insurance

insurance agency

Ireland

Synopsis

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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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