Announced
Synopsis
Stone Point Capital, an alternative investment management firm, agreed to invest in The Ardonagh Group, an independent insurance distribution platform, at a $14bn valuation. “Stone Point’s investment in the Group marks a new phase in our extraordinary journey over the past few years to become the $14bn business we are today. Their support reflects conviction in the strength of Ardonagh’s business and continued momentum and redoubles our commitment to independence in a consolidating market," David Ross, The Ardonagh Group CEO.
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