Announced
Financials
Sources
Tags
Pending
Majority
Single Bidder
Insurance Brokers
Friendly
Cross Border
insurance brokerage
Private
Netherlands
Acquisition
Synopsis
Ardonagh, an independent insurance distribution platform, agreed to acquire Léons Group, an insurance brokerage and consultancy firm in the Netherlands. Financial terms were not disclosed. “We are excited to welcome Léons to Ardonagh, together building on their Dutch roots and solid reputation in the market to build a portfolio of brands and insurance broker companies that are leaders in their target markets. Sunny and Nico have built a unique business with a special culture that will fit perfectly alongside the portfolio of independent businesses that Ardonagh has acquired over the last number of years. We are very excited by what we can achieve with our new partners in the Netherlands," Conor Brennan, Ardonagh CEO.
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