Ardonagh-owners Highbridge, Madison Dearborn make new acquisition


US private equity firms Highbridge Principal Strategies (HPS) and Madison Dearborn Partners (MDP), which have a major shareholding in brokerage group Ardonagh, have acquired UK-based fee protection insurance company PFP.

Highbridge Principal Strategies, HPS, Madison Dearborn Partners, M&A, Acquisition, PFP, Fee protection insurance, UK

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