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New Deal


Announced

Ardonagh to acquire Léons Group.

Financials

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

Tags

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Pending

Majority

Single Bidder

Insurance Brokers

Friendly

Cross Border

insurance brokerage

Private

Netherlands

Acquisition

Synopsis

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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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