Pollen Street and Bain Capital-backed Markerstudy to acquire Atlanta Group from The Ardonagh Group.

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.