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Announced

Completed

Madison Dearborn Partners-backed The Ardonagh Group completed the acquisition of SRB Assekuranz Broker.

Synopsis

Madison Dearborn Partners-backed The Ardonagh Group, an insurance distribution platforms, completed the acquisition of SRB Assekuranz Broker, a company providing insurance broking and comprehensive risk management services. Financial terms were not disclosed. "Joining The Ardonagh Group alongside our longstanding partners MDS will expand our presence in the local market and beyond. It provides significant gains in scale and access to important specialty and technological resources which strengthens our customer proposition. This is an exciting new chapter for us all," Edoardo Leusciatti, SRB Assekuranz Broker CEO.

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