Ardonagh Secures $2.5bn Investment, Valued at $14bn
Deal News | Jun 30, 2025 | Re-Insurance News
The Ardonagh Group, an independent global insurance broker, has concluded a significant $2.5 billion equity investment, led by Stone Point Capital. This transaction increases the valuation of the Ardonagh Group to $14 billion, with Stone Point joining established shareholders such as MDP, HPS, and the Abu Dhabi Investment Authority. The investment signifies strong confidence in Ardonagh's platform and growth trajectory amidst economic uncertainties. Since its inception in 2017, the Ardonagh Group has strategically expanded by placing $18 billion in premiums, merging key business units, and acquiring competitors such as Australia's PSC Insurance Group for A$2.3 billion. The firm's growth strategy is emphasized by the recent launch of Ardonagh Intelligence, a move that leverages data and machine learning. Financial advisory services for this transaction were provided by Fenchurch Advisory Partners, Goldman Sachs, and Morgan Stanley & Co., with Paul, Weiss, Rifkind, Wharton & Garrison LLP serving as legal advisor to Ardonagh. The completion of this deal positions Ardonagh to further capitalise on opportunities in the global P&C insurance market.
Sectors
- Insurance
- Private Equity
Geography
- United States – Stone Point Capital is a U.S.-domiciled private equity firm leading the investment.
- United Kingdom – The Ardonagh Group was formed through the merger of several UK insurers and continues to operate as an independent insurance broker.
- Australia – Ardonagh completed the acquisition of Australia's PSC Insurance Group in 2024, highlighting its expansion into the Australian market.
Industry
- Insurance – The article discusses The Ardonagh Group, which operates as an independent global insurance broker.
- Private Equity – Stone Point Capital, a private equity firm, is leading the investment, demonstrating significant involvement of private equity in the transaction.
Financials
- $2.5 billion – The total equity investment amount led by Stone Point Capital in the Ardonagh Group.
- $14 billion – The valuation of the Ardonagh Group following the completion of the investment transaction.
- A$2.3 billion – The acquisition price of Australia's PSC Insurance Group completed by Ardonagh in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Ardonagh Group | Target Company | Company | A global independent insurance broker undergoing significant equity investment. |
| Stone Point Capital LLC | Investor | Company | A U.S.-domiciled private equity firm leading the $2.5 billion investment in Ardonagh. |
| Madison Dearborn Partners (MDP) | Shareholder | Company | A co-investor partner in the Ardonagh Group alongside other major institutions. |
| HPS Investment Partners | Shareholder | Company | A major co-investor in the Ardonagh Group, affirming its support through continued partnership. |
| Abu Dhabi Investment Authority (ADIA) | Co-investor | Government | An arm of the government of Abu Dhabi involved in the investment as a co-investor. |
| Fenchurch Advisory Partners | Financial Advisor | Company | Provided financial advisory services to Ardonagh in the investment transaction. |
| Goldman Sachs Investment Banking & Co. LLC | Financial Advisor | Company | Served as one of the financial advisors to Ardonagh. |
| Morgan Stanley & Co. LLC | Financial Advisor | Company | Acted as a financial advisor for Ardonagh in the deal. |
| Paul, Weiss, Rifkind, Wharton & Garrison LLP | Legal Advisor | Company | Served as legal advisor to Ardonagh for this transaction. |
| Debevoise & Plimpton LLP | Legal Advisor | Company | Acted as the legal advisor to Stone Point Capital in the transaction. |