The $500m ‘payment-in-kind’ toggle notes have been priced as the business progresses with £1.9bn refinancing which includes a $300m war chest.
Software house has also seen a dip in operating profit as results reveal it paid £10.8m for Canadian business Zycomp Systems last July.
Move follows Searchlight's purchase of a majority stake in GRP, which saw a number of management changes.
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
The consolidator announces $500m notes offering and flags £1.6bn equity valuation as it brings the network, along with Ethos Broking and Compass, back into the fold.
The organisation sold UK General to JC Flowers back in 2017 and the fresh deal sees management changes.
MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
Group CEO Mike Bruce on the Searchlight deal, expansion plans and how the firm's M&A activity is "gaining momentum".
Move sees brokers including Cooke & Mason, DE Ford, Franklands, Lorica, Wilby and Cobra Insurance Brokers unite under the PIB Insurance Brokers brand.
The move, which was first announced in February, sees founders Peter Cullum and David Margrett retain a minority stake in the business as Mike Bruce becomes group chief executive.
The broker makes its first acquisition since becoming an Ethos Broking partner in December 2017.
Deal is broker's second since becoming an Ethos Broking partner last August.
Aston Lark's Peter Blanc, shares his thoughts on adapting the business and why M&A can continue to thrive post Covid-19.
The business has purchased Marx Re-Insurance Brokers which is based in Munich.
The Durham based broker has added two branches and taken its GWP to £7m.
Towergate’s Joe Thelwell discusses the broker’s Q1 2020 deals and reveals he is receiving calls from brokers wishing to sell as coronavirus exacerbates the hardening market.
Darwin Clayton CEO Simon Henderson tells Insurance Age about the broker's 100 year long history, plans for its wholesale division, coping with Covid-19 and insists that the business is not for sale.
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Exclusive: CEO Jacquie Boast has restructured the business with Fresh CEO Mike Wall exiting and 75 staff leaving the business as she seeks to position Vantage for growth.
Provider to create a single global insurance underwriting function and form three geographical business units across the Americas, Eurasia and the UK & Lloyd’s market.
Chris Lear explains why the broker, which went into administration last month, was a good buy for One Sure Insurance.
But the consolidators say their models have not changed as a result of the coronavirus.
The organisation purchased Hughes & King for an undisclosed sum adding £4m in GWP to its business as it presses on with pipeline amid Covid-19.