Debevoise & Plimpton LLP has advised Stone Pont Capital LLC (“Stone Point”) in an equity investment in Ardonagh Group (“Ardonagh”), one of the world’s largest independent insurance distribution platforms.

The investment from funds managed by Stone Point values Ardonagh at $14 billion. Completion is expected to take place in mid-2025, at which point Stone Point will become a significant shareholder in Ardonagh.

For full details, see the official release here.

The Debevoise team advising Stone Point was led by partner Drew Dutton and international consultant Clare Swirski, and included associates Katie Power, Milo Gordon-Brown, Kayleigh Anderson, Bethania Berhane, Laura Jackson, Yiran Ji, Dmitry Karamyslov, Joseph Mash, Joseph Millard, and Emma Olcott. Antitrust and competition advice was provided by partner Timothy McIver, and counsel Sergej Bräuer and Anne-Mette Heemsoth. Tax advice was provided by partners Michael Bolotin and Richard Ward, and associate Christopher Gossage. Finance advice was provided by partner Ryan Rafferty and associate Tereza Batlova. Employment advice was provided by counsel Sam Whitaker.