Ardonagh Global Partners announces the launch of Ethos Broking Australia
Ardonagh Global Partners (AGP) today announces the launch of Ethos Broking Australia (Ethos) to drive forwards its ambitious growth strategy within the M&A arena. Established to provide compelling succession planning, exit strategies or the required capital for insurance brokers to grow their existing business, Ethos Broking Australia already has a strong pipeline of businesses it […]
The Ardonagh Group announces intention to acquire insurance operations of BGC Partners, Inc.
26 May 2021 The Ardonagh Group (“Ardonagh” or “the Group”) has today announced that it has agreed to acquire1 the insurance operations of BGC Partners, Inc. (“BGC”) for a cash consideration of $500 million, with the intention of housing the entities within the Ardonagh Specialty segment, which is currently comprised of Price Forbes, Bishopsgate and […]
The Ardonagh Group Q1 2021 results
19 May 2021 The Ardonagh Group (‘Ardonagh’ or ‘the Group’) today announces its results covering the three months to 31 March 2021. Group income increased by 24.8% to £199.7 million for the quarter and Adjusted EBITDA by 52% to £66.3 million due to a combination of acquisitions and continued organic growth, with particularly strong organic […]
Q1 2021 results announcement
16 May 2021 We are pleased to confirm that The Ardonagh Group (“the Group”) will be releasing Q1 2021 Results covering the 3 months to 31 March 2021, shortly after 1700hrs (UK) on Wednesday 19 May 2021. The releases will be available to view or download via our website http://www.ardonagh.com/investors/financial-results . Following the release of […]
The Ardonagh Group confirms completion of divestiture
13 May 2021 The Ardonagh Group today confirms that its subsidiary, Atlanta Investment Holdings 2 Limited, has completed the divestment of Bennetts Motorcycling Services Limited to Right Choice Holdings Limited, a process that was required and overseen by the Competition and Markets Authority following its review of Ardonagh’s acquisition of Bennetts on 07 August 2020. […]
Ardonagh Community Trust announces new charity partnership with Samaritans
Ardonagh Community Trust (ACT), the registered charity of The Ardonagh Group, is thrilled to announce a new charity partnership with Samaritans. Samaritans’ vision is that fewer people die by suicide. Every day, Samaritans responds to around 10,000 calls for help from people struggling to cope. Established in 1953, with the aim to listen confidentially and […]