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

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.