Delighted to be a finalist for our investment in Arachas Corporate Brokers
01.04.21
Sovereign is shortlisted in Real Deals' Private Equity Awards. The 'UK Mid-Market Deal of the Year' category recognises our highly successful investment in Arachas Corporate Brokers.
Over the three years of Sovereign's investment, Arachas made four acquisitions which brought substantial additional scale to the Group, further developing its service offering and distribution channels, expanding its geographical footprint and consolidating its position as the leading SME focused commercial lines insurance broker in Ireland. Our huge thanks to the fantastic management team we had the great opportunity to partner, and to our advisors on Arachas.
Donal Cronin, Founder, Arachas, said: "Sovereign has been a highly supportive investor providing both financial and strategic capability. Together we made a series of high quality acquisitions and delivered strong organic growth supported by significant investment into the company’s IT systems and data analytics capability."
For further information
Tom Allchorne
Head of Marketing & Communications