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Eversheds Sutherland act for Arachas on their conditional purchase of the Hooper Dolan Group

  • Ireland
  • General

30-06-2021

Eversheds Sutherland were delighted to act for Arachas on their conditional purchase of the Hooper Dolan Group, one of Ireland’s larger independent insurance groups headquartered in Waterford. The deal is subject to CCPC approval. We have acted for Arachas since we worked on the backing of its MBO by Sovereign Capital over 5 years ago. We have worked through various acquisitions for Arachas up to its sale last year to the joint funds of Madison Dearborn and HPS, two large PE houses who have created the Ardonagh Insurance Group which Arachas is now a part of.

This complex deal again demonstrated our unrivalled ability to support our clients through the most complex transactions in the insurance and the wider financial services industries here in Ireland and built on other example transactions such as the acquisition of Appian Asset Management by Gresham House Capital which completed earlier this week.

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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