Ardonagh Europe will bring together a number of the group’s businesses, including its Irish subsidiary, Arachas. “The launch today of Ardonagh Europe signals our continued focus on increasing our global footprint,” Ardonagh Group chief executive David Ross said. The Ardonagh Group was established in 2017 with the backing of two blue chip US-based private equity groups. Ardonagh Europe and Ardonagh Global Partners (AGP) will form the group’s international division, with AGP, led by Des O’Connor, focusing on markets outside Europe. Ardonagh Group expects further substantial growth and investment into international markets, including Ardonagh Europe, over the next 12 months and beyond, it said in a statement.

Source: Irish Independent July 26, 2021 01:30 UTC