Announced
Financials
Sources
Tags
France
Health Care Services
healthcare provider
Insurance Brokers
United Kingdom
personal lines insurance broker
Acquisition
Domestic
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Pollen Street and Bain Capital-backed Markerstudy, a provider of claims and administration services to intermediaries, agreed to acquire Atlanta Group, a provider of personal lines insurance broker, from The Ardonagh Group, a insurance holding company. Financial terms were not disclosed. “As existing business partners, we have worked closely with Atlanta for a long time, and so we know first-hand just how exceptional the business and its people are. There are few deals in the market with the potential to be truly transformational for all parties concerned and a combination with Atlanta has been a long-term ambition of ours. The strong alignment in our models and shared values and ambitions simply could not be ignored. I’ve never been more excited for the future,” Kevin Spencer, Markerstudy Group CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.