M&A Deal Summary

Ardonagh Group Acquires PSC Insurance Group

On October 11, 2024, Ardonagh Group acquired insurance company PSC Insurance Group

Acquisition Highlights
  • This is Ardonagh Group’s 8th transaction in the Insurance sector.
  • This is Ardonagh Group’s 1st transaction in Australia.

M&A Deal Summary

Date 2024-10-11
Target PSC Insurance Group
Sector Insurance
Buyer(s) Ardonagh Group
Deal Type Add-on Acquisition

Target

PSC Insurance Group

East Melbourne, Australia
PSC Insurance Group is an operator of insurance intermediary business with operations and revenue. PSC Insurance Group was founded in 2010 and is based in East Melbourne, Australia.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Ardonagh Group

London, United Kingdom

Category Company
Founded 2017
Sector Insurance
DESCRIPTION

Ardonagh Group is an independent insurance distribution platform offering a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. Ardonagh Group was founded in 2017 and is based in London, United Kingdom.


DEAL STATS #
Overall 8 of 9
Sector: Insurance M&A 8 of 9
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Australia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-05 Lorega

London, United States

Lorega is a niche insurance intermediary, and has operated for c.25 years. It is a provider of claims assistance to home and business customers, via its insurance policy add-on product; the add-on provides the expertise and services of a certified loss adjuster in the event of any claim on the underlying policy. Lorega has an established reputation as a leading specialist for claims expertise and for providing a first-class claim handling service for its customers. Of the claims assistance policies sold in the UK, around 95% or more are provided by Lorega. Lorega is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-22 Groupe Leader Insurance

Épône, France

Groupe Leader Insurance is a broker specialized in construction insurance, offering a range of insurance products such as decennial liability (RCD), structural damages (DO) and property and casualty insurance (IARD). The Group distributes its products via two complementary channels. Groupe Leader Insurance was founded in 2003 and is based in Épône, France.

Buy -