MarshBerry Advises Anderson & Co Insurance Brokers on its Sale to Ardonagh Advisory Broking

March 14, 2025

London, UK – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to have advised Anderson & Co Insurance Brokers (Anderson) on it sale to Ardonagh Advisory Broking Holdings Limited (Ardonagh). The transaction was announced on 13 March 2025 and has received regulatory clearance by the Financial Conduct Authority (FCA).

MarshBerry acted as exclusive financial advisor to Anderson. As part of Ardonagh, Anderson is joining a £1 billion-plus GWP UK broker with more than 2,600 people across the UK

Anderson is a commercial insurance broker based in Blackpool serving a diverse client base of commercial and personal customers across the UK. The business has been owned and managed by Christine McLellan for more than 30 years. It has been a longstanding member of Aviva’s coveted ‘Club 110’ program and offers a diversified product offering. The acquisition by Ardonagh enhances the firm’s proposition for clients and provides greater opportunities for both employees and clients.

“MarshBerry is delighted to have represented Anderson in their sale to Ardonagh Advisory Broking. This transaction reflects the ongoing consolidation within the UK insurance sector and the strong demand for firms with deep client relationships and regional expertise,” said John Nisbet, MarshBerry UK Managing Director. “By aligning strategic goals and facilitating a seamless process, we helped Anderson find the right partner to support their continued growth and success.”

This transaction underscores MarshBerry’s commitment to helping firms achieve strategic growth through a merger & acquisition (M&A) in the insurance sector. MarshBerry’s team brings extensive experience in advisory services, supporting clients through the complexities of valuation, negotiation, and successful execution.

Terms of the transaction were not disclosed.