Amiga

39.24%

Shareholding % prior to disposal

111.91%

Internal Rate of Return since 2025

£706,250

Realised sale proceeds

”This transaction reflects our ability to create strategic opportunities across our portfolio. We are pleased to support this consolidation and continue our relationship with the Amiga team through our investment in Sodalis.

Dan ToppingChief Executive Officer of B.P. Marsh
  • Amiga is an international specialty underwriting agency, providing niche insurance solutions through established carrier relationships and underwriting expertise.
  • P. Marsh held a 39.24% shareholding in Amiga, alongside providing a loan facility of £1.825m to support its growth.
  • Sodalis Capital Limited, a B.P. Marsh portfolio company, acquired 100% of the issued share capital of Amiga for an initial consideration of £1.8m.
  • At completion, B.P. Marsh realised £706,250 in cash for its shareholding and received full repayment of its £1.825m loan facility.
  • B.P. Marsh retains a 25.55% equity interest in Sodalis post-transaction, providing indirect exposure to Amiga and preserving future upside potential.
  • Additional deferred consideration may be payable to shareholders (including B.P. Marsh) based on Amiga’s performance over the financial years ending December 2027 and 2028.
  • The transaction enables Amiga’s management team to roll equity into Sodalis, aligning incentives and supporting continued participation in future growth.
  • The combination of Amiga’s underwriting capability with Sodalis’ acquisition-led strategy strengthens the enlarged group’s ability to accelerate organic growth, pursue further M&A, and expand in key international markets.
  • This transaction highlights B.P. Marsh’s flexible investment approach and its strategy of supporting early-stage financial services businesses while creating long-term value for shareholders.