Stone Stairs Arc

June 30, 2025

Ardonagh Completes $2.5 Billion Equity Investment Led by Stone Point Capital, Valuing Ardonagh at $14 Billion

Paul, Weiss advised The Ardonagh Group and its shareholders, Madison Dearborn Partners and HPS Investment Partners, in a $2.5 billion equity investment led by funds managed by Stone Point Capital LLC. The deal values Ardonagh, one of the world’s largest independent insurance distribution platforms and a top-20 global broker, at $14 billion.

The Paul, Weiss team was led by corporate partners Will Aitken-Davies and Adam Givertz, and included corporate partners Marco Masotti, Dan Schuster-Woldan and Lindsey Wiersma; tax partners Timothy Lowe and Robert Holo and counsel Jamie Chambers; and antitrust partner Ross Ferguson.