Ardonagh secures $2.5bn equity investment at $14bn valuation
The investment, which values Ardonagh at $14bn, witnessed participation from co-investors associated with Stone Point, as well as Madison Dearborn Partners and HPS Investment Partners.
The transaction was first announced in December 2024.
Stone Point now holds a significant stake in Ardonagh, joining existing shareholders including Madison Dearborn Partners, HPS Investment Partners, and a wholly owned subsidiary of the Abu Dhabi Investment Authority.
Stone Point co-CEO Jim Carey said: 'We are excited to partner with Ardonagh, as well as with MDP, HPS and ADIA. Ardonagh has distinguished itself as a leading platform in the global insurance distribution industry, and we believe that the company is well-positioned for continued growth.'
Ardonagh, which was founded in 2017 through the amalgamation of various UK insurance entities, has grown into a global broking group, placing $18bn of premiums annually.
The group has completed 68 acquisitions in the past year, including the merger with Markerstudy's personal lines business and the take-private of PSC Insurance Group in Australia.
David Ross, CEO of The Ardonagh Group, said: 'Stone Point's investment and the success of the co-investment process stand together as a resounding endorsement of Ardonagh. Amid a backdrop of global economic uncertainty, our unique proposition, track record and global platform attracted world-class investors who share our vision.'
The group's capital structure was recently simplified via a refinancing in February 2025, followed by the launch of in March 2025, an initiative aimed at integrating machine learning and data enrichment into its operations.
"Ardonagh secures $2.5bn equity investment at $14bn valuation " was originally created and published by Life Insurance International, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
30 minutes ago
- Yahoo
New estate plan stalls over affordable homes deal
Previously approved new homes in Derbyshire are now set to be rejected due to the developer not signing a legal agreement over infrastructure and affordabe homes. Woodall Homes will not agree to build 17 affordable homes and pay £63,000 in improvements to nearby health facilities, parks and allotments as part of a 57-home development surrounding Jacksons Ley in Middleton, near Wirksworth. Derbyshire Dales District councillors approved plans in November 2023 with officials to seal the required infrastructure payments and affordable homes via a legal agreement. Council officials now say the process has stalled due to an "unwillingness of all the parties to sign the legal agreement". Having previously urged councillors to approve the plans, the Local Democracy Reporting Service (LDRS) said officials were now advising them to change their minds and reject the scheme at a meeting on Tuesday. The plans, which had seen 13 objections from residents, along with opposition from Middleton Parish Council, had required £51,300 for improvements at nearby medical centres, £8,327 for parks and £3,368 for allotments. Council officers wrote: "Collectively the planning obligations which were being sought helped to mitigate the impact of the 57 dwellings. "Without the legal agreement no affordable homes will be provided and the financial contributions towards health care, parks and gardens and allotments would be lost. "This makes the development unacceptable in planning terms and contrary to the development plan. "In the absence of a completed legal agreement, the only course of action is to refuse the application." LDRS said the proposed homes would encircle the new-build Jacksons Ley development, which was only approved at appeal. During the November 2023 planning meeting, Darren Abbott, on behalf of Woodall Homes, said the firm aimed to replicate its successful schemes in Darley Dale, Matlock and Tansley. He said the plot "straddles" the settlement boundary and part of the site was allocated for 45 homes, representing a "logical and sustainable development". Mr Abbott said the firm had reduced the number of homes planned on-site from 75 to 57 due to the concerns of consultees and residents, saying the scheme would "create an attractive gateway into the village". He said the site would cater for first-time buyers, "downsizers" and people with mobility requirements – particularly through the inclusion of seven bungalows. Wirksworth councillor Peter Slack said: "It is squashing houses and gardens in a small area. It is not a way people should be living. "They should have a reasonable garden. Cars are going to be on pavements, it is all squashed in. It is a very, very poor design altogether." Follow BBC Derby on Facebook, on X, or on Instagram. Send your story ideas to eastmidsnews@ or via WhatsApp on 0808 100 2210. Derbyshire Dales District Council Local Democracy Reporting Service
Yahoo
33 minutes ago
- Yahoo
Life Insurers Boost Private Debt Investments
Global life insurance companies are facing competitive pressure to keep boosting their allocations to private credit to generate higher profit, even as risk in the debt shows signs of rising. Bloomberg's Scott Carpenter has more on the story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
CT Automotive Group plc's (LON:CTA) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Most readers would already be aware that CT Automotive Group's (LON:CTA) stock increased significantly by 84% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to CT Automotive Group's ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for CT Automotive Group is: 29% = US$7.6m ÷ US$26m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. So, this means that for every £1 of its shareholder's investments, the company generates a profit of £0.29. See our latest analysis for CT Automotive Group Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To begin with, CT Automotive Group has a pretty high ROE which is interesting. Second, a comparison with the average ROE reported by the industry of 8.1% also doesn't go unnoticed by us. As a result, CT Automotive Group's exceptional 36% net income growth seen over the past five years, doesn't come as a surprise. As a next step, we compared CT Automotive Group's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 28%. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. What is CTA worth today? The intrinsic value infographic in our free research report helps visualize whether CTA is currently mispriced by the market. CT Automotive Group doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. On the whole, we feel that CT Automotive Group's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. Our risks dashboard would have the 2 risks we have identified for CT Automotive Group. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $384.84 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
