Stone Point Capital Invests in Ardonagh Group Valuing It at $14 Billion
December 17, 2024
The Ardonagh Group announced an equity investment from funds managed by Stone Point Capital LLC, valuing Ardonagh at $14 billion. Completion is expected in mid-2025, at which point Stone Point will become a significant shareholder alongside Madison Dearborn Partners (MDP), HPS Investment Partners, ADIA (via a subsidiary), and other global institutions.
- Buyers
- Stone Point Capital LLC
- Targets
- Ardonagh Group
- Industry
- Insurance
- Location
- United Kingdom
- Transaction Type
- Growth capital
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