Announced
Completed
Financials
Tags
Private
Netherlands
Majority
Friendly
Cross Border
insurance broker
Single Bidder
Acquisition
Private Equity
Insurance Brokers
Completed
Synopsis
The Ardonagh Group, an independent insurance distribution platform that wants, completed the acquisition of Klap, an Amsterdam-based insurance broker founded in 1854, from Nedvest, a family-run business based in Amsterdam. Financial terms were not disclosed. “Klap is a real specialist and leader in the SME insurance market with a wealth of experience within the team. We are excited to support Klap as they stand alongside our other highly respected and long-standing franchise Léons to extend their insurance excellence even more widely to the European market," Conor Brennan, Ardonagh Europe CEO.
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