Ardian Private Debt provides financing to support HG's investment in A-Plan

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Press release

Ardian Private Debt provides financing to support HG's investment in A-Plan

  • 15 March 2019

  • Private Credit

  • United-KIngdom, London

6 minutes de lecture

Ardian, a world-leading private investment house, today announces the arrangement of a Subordinated Debt Facility to support HgCapital’s (“Hg”) investment in A-Plan, one of the UK’s largest personal lines insurance brokers.

Founded in 1963, A-Plan is a leading UK specialist multichannel insurance broking group with a focus on personal lines and a growing presence in specialized products such as SME policies. The group’s core proposition is a branch-led, service-driven offering, valued by its large base of loyal customers that today make up over 1.5 million policies nationally.

Mark Brenke, Managing Director & Co-Head of Ardian Private Debt, said: “We are delighted to continue our relationship as financing partner to Hg and to be backing A-Plan, a leading player in the UK insurance industry. The Company’s management team have had demonstrable success in delivering continuous growth both organically and through M&A over an extended period and in particular, Carl Shuker (CEO), who has been with the business for almost 30 years, brings with him an exceptional depth of experience.”

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$90bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.

Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.

Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 550 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 800 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

LIST OF PARTIES INVOLVED

  • Ardian Private Debt

    • Mark Brenke, Raaj Rabheru, Saam Serajian-Esfahan HgCapital: Juan Campos, Giuseppe Franzé, Nika Kucifer

Press contact

ARDIAN / Headland

EMMA RUTTLE

eruttle@headlandconsultancy.com

+44 20 3805 4816