Business
Sale of Interest in Amiga to Sodalis
B.P. Marsh & Partners Plc has announced the sale of its 39.24% shareholding in Amiga Speciality Holdings Limited to Sodalis Capital Limited, a B.P. Marsh portfolio company, for an initial consideration of £1.8 million. This transaction will result in B.P. Marsh receiving £706,250 in cash and the repayment of its £1.825 million loan facility to Amiga. B.P. Marsh will retain a 25.55% shareholding in Sodalis, providing continued exposure to Amiga's performance through potential deferred consideration. The acquisition aims to accelerate growth and market presence for the enlarged Sodalis group. Disclaimer*
About this update from B.p. Marsh & Partners Plc
[{"type":"text","content":"\n\n17 March 2026\n \nB.P. Marsh & Partners Plc\n(\"B.P. Marsh\", the \"Company\" or the \"Group\")\n \nSale of Interest in Amiga Speciality Holdings Limited (\"Amiga\")\n \nB.P. Marsh and Partners Plc (AIM:BPM), the specialist private equity investor in early-stage financial services businesses, is pleased to announce that Amiga, the international specialty underwriting agency, has been acquired by Sodalis Capital Limited (\"Sodalis\"), a B.P. Marsh portfolio company. Upon completion, the Group will retain a 25.55% shareholding in Sodalis.\n \nThe Transaction \n \nUnder the terms of the transaction, Sodalis has acquired 100% of the issued share capital of Amiga, for an initial consideration of £1.8m.\n \nAt completion, B.P. Marsh will receive the following:\n· £706,250 in cash for its 39.24% shareholding, having invested a nominal amount; and\n· Repayment in full of its outstanding loan facility to Amiga of £1.825m.\n \nIn addition, the sellers (including B.P. Marsh) may receive deferred consideration, contingent upon Amiga's performance over the financial years ending December 2027 and 2028. B.P. Marsh's share of any deferred consideration will be pro rata to its existing shareholding in Amiga.\n \nDan Topping has resigned from his role as nominee director on the board of Amiga but remains on the board of Sodalis. \n \nRationale for the Transaction \n \nBy combining Amiga's underwriting expertise and carrier relationships with Sodalis' acquisition-led growth model and capital base, the enlarged group is well positioned to accelerate organic growth, pursue further M&A and deepen its presence in key markets. \n \nThe transaction also allows senior members of Amiga's management team to roll equity into Sodalis, aligning incentives and allowing continued participation in the combined group's growth.\n \nThis transaction demonstrates B.P. Marsh's unique and flexible approach to investing in the financial services sector, in terms of both size and structure. \n \nSodalis was founded by Colin Thompson in November 2025 to pursue a buy-and-build strategy within the international insurance intermediary sect...