Broker Ardonagh Group Forms Unit for International M&A; Makes 1st U.S. Acquisition
April 6, 2021
London-based broker the Ardonagh Group announced the launch of Ardonagh Global Partners (AGP), a unit focused on international mergers and acquisitions.
The company also announced its first acquisition in the United States, AccuRisk Solutions, following on the heels of recent purchases in the UK and Australia.
AGP’s strategy is to invest in leading platforms operating in attractive markets and product verticals outside of the UK and Europe and will sit within Ardonagh’s new International platform, said the company in a statement.
Following refinancing in the summer of 2020, Ardonagh said it has committed to invest £155 million ($215 million) in M&A.