Ardonagh Q2 adjusted Ebitda jumps 54% to £87mn, extra funding announced
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Ardonagh Q2 adjusted Ebitda jumps 54% to £87mn, extra funding announced

Rachel Dalton
19 August 2021
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Ardonagh Group’s Q2 adjusted Ebitda increased by 54.4% to £87mn ($119.8mn) as the intermediary announced its shareholders had subscribed to an additional £350mn in equity.

The group’s backers include Madison Dearborn, HPS, Ares, Caisse de dépôt et placement du Québec (CDPQ) and KKR.

It announced the £350mn in additional equity alongside the procurement of a £550m additional committed capex, acquisition and reorganisation facility backed by...

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Rachel Dalton
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