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.
AccuRisk Solutions LLC Joins The Ardonagh Group
AccuRisk Solutions LLC ( AccuRisk ) announced today that it has joined the Ardonagh Group and will operate within Ardonagh s Global Partners Segment.
Together with Amynta Group, the Ardonagh Group has acquired a majority share of AccuRisk as part of its international growth strategy to invest in leading platforms in attractive markets and product verticals outside of the UK and Europe.
AccuRisk has increased their marketshare and industry footprint through organic growth and targeted acquisitions since it was founded in 2017. Its 82 person staff operates from offices in Boston, Kansas City, Baltimore, Dallas, Indianapolis, and Phoenix and last year wrote $137m of premiums.
Ardonagh and Amynta Group announce joint venture to acquire AccuRisk Solutions troyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from troyrecord.com Daily Mail and Mail on Sunday newspapers.