‘Ardonagh Global Partners has launched Ethos Broking Australia to drive further growth in the local market through merger and acquisition activity.
Ethos says it has a strong pipeline of businesses it plans to invest in and acquire, with opportunities emerging through succession planning, exit strategies and the provision of capital for brokers to grow their existing operations.
The announcement follows UK-based Ardonagh’s purchase of authorised representative network Resilium earlier this year and the appointment of Paul Lynam as Chairman of the group’s wider Australian operations.’
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