M&A Deal Summary |
|
|---|---|
| Date | 2017-06-24 |
| Target | Towergate Health & Protection |
| Sector | Insurance |
| Buyer(s) | Ardonagh Group |
| Sellers(s) | Palatine Private Equity |
| Deal Type | Secondary Buyout |
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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 | 1 of 9 |
| Sector: Insurance M&A | 1 of 9 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 2 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-01 |
The Ardonagh Group - Commercial MGA Businesses
London, United Kingdom The Ardonagh Group - Commercial MGA Businesses is a full-service managing general agent (MGA) encompassing Commercial Lines, Personal Lines, Agriculture, a London Market business, Geo Specialty, and a European MGA; Geo Europe. With 15 offices across the UK and Europe, Geo Underwriting offers a wide underwriting footprint, diverse product range, and A-rated capacity. |
Sell | £31M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 570M GBP |
| Size | Middle-Market |
| Type | Sector Agnostic |
Palatine Private Equity is a UK based private equity firm focused on investing in businesses valued up to £50 million. The Firm generally looks to fund profitable, cash-generative companies with strong management teams and established market positions, however, Palatine will also consider turnaround situations. Target sectors include retail/leisure, business outsourcing, financial services, healthcare, and niche manufacturing. Prospective transaction types include management buyouts/buy-ins, consolidations, growth capital financings, and restructurings. Palatine was originally formed as Zeus Private Equity in 2005. The Firm has offices in Bristol, Manchester, and London.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 26 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 4 of 15 |
| Country: United Kingdom M&A | 8 of 26 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-24 |
Westleigh Partnerships
Leicester, United Kingdom Westleigh Partnerships Ltd. is a provider of affordable residential property. Westleigh builds over 1,100 properties per year and has successfully expanded geographically from the East Midlands into both the West Midlands and South Yorkshire. Westleigh Partnerships was established in 1985 and is based in Leicester, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-07 |
TTC Group
Telford, United Kingdom TTC Group is a provider of road user and cycling education courses in the UK. TTC Group provides services to reduce fleet operating costs by improving driver safety and compliance with the law. TTC Group offers driver risk management and at-work driver training, including workshops and on-road coaching for fleets and grey-fleet, and Jaupt-approved Driver CPC. TTC Group was formed in 1993 and is based in Telford, United Kingdom. |
Buy | - |
