Announced
Financials
Sources
Tags
Majority
United Kingdom
Insurance Brokers
Domestic
Single Bidder
insurance
Private
Pending
Friendly
Acquisition
Synopsis
Ardonagh, an insurance company, agreed acquire Stanhope Cooper, a family brokerage, and Renovation Underwriting, an insurance for private client contract works provider. Financial terms were not disclosed. “This latest addition to the Advisory portfolio demonstrates our commitment to furthering the depth and breadth of our client proposition. By investing in these high-pedigree businesses, we are supporting our strategy to continue expansion into HNW private clients as well as large corporate and commercial clients," Richard Tuplin, Advisory CEO.
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