Review of the year: May 2017
As May rolled around our most read stories included an £800m debt offer, redundancies, rumoured deals and senior management departures.
5) Before the combined company was rebranded as Ardonagh Group and started making a few acquisitions, the Towergate owners brought together their general insurance businesses in May 2017 under the name KIRS Group. Its fundraising, which was announced shortly after, has since been completed and the overarching firm has been renamed Ardonagh Group.
Towergate owner issues £800m debt offer
The then newly formed KIRS Group, created by Towergate’s backers, launched
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