.
MergerLinks Header Logo

New Deal


Announced

Completed

Arachas-backed The Ardonagh Group completed the acquisition of Glennon Insurances.

Financials

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

Tags

Edit

Private

Friendly

Majority

Completed

Insurance Brokers

insurance broker

Cross Border

Acquisition

Single Bidder

Ireland

Synopsis

Edit

Arachas-backed The Ardonagh Group, an independent insurance distribution platform, completed the acquisition of Glennon Insurances, an Irish insurance company. Financial terms were not disclosed. “With many potential buyers approaching us, Arachas stood out as a partner who shares our family business values and our approach to listening to our clients so that we can find the best way to protect what matters most to them. Our combined businesses will deliver a peerless breadth and depth of expertise with vision and scale that will further enhance the solutions we can provide across the market to our loyal client base,” John Bissett, Glennon Insurances CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US