.
MergerLinks Header Logo

New Deal


Announced

Completed

The Ardonagh Group completed the acquisition of Assepro from EMZ Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Private Equity

Acquisition

Cross Border

Single Bidder

Insurance Brokers

Switzerland

insurance brokerage services

Majority

Private

Completed

Synopsis

Edit

The Ardonagh Group, an independent insurance distribution platform, completed the acquisition of Assepro, an insurance broker, from EMZ Partners, a private equity firm. Financial terms were not disclosed. “We warmly welcome our new colleagues and clients across Switzerland, Austria and Liechtenstein. We will now work with the team to support them in acquiring more like-minded businesses in these key markets and also give them access to the full suite of exclusive product and capacity solutions available in the broader Ardonagh Group," Conor Brennan, Ardonagh International Executive Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US