Sodalis Capital, a B.P. Marsh portfolio company, has acquired 100% of the the issued share capital of Amiga Specialty, an independent international Managing General Agent (MGA), from B.P. Marsh, the specialist private equity investor in early-stage financial services businesses, for an initial consideration of £1.8 million.
While B.P. Marsh will exit as a shareholder of Amiga, it remains a key shareholder in Sodalis and therefore continues its support of Amiga Specialty. Upon completion, B.P. Marsh will retain a 25.55% shareholding in Sodalis.
Under the terms of the transaction, B.P. Marsh will receive £706,250 in cash for its 39.24% shareholding in Amiga. Additionally, B.P. Marsh will receive repayment in full of its outstanding loan facility to Amiga of £1.825 million.
The transaction aims to position Amiga as Sodalis’ MGA platform to drive global expansion across specialty lines.
Colin Thompson will join the Amiga Specialty Group board, and Adam Kembrooke will join the Sodalis Group board. Apart from these two appointments, the MGA will continue to operate under its existing leadership team and brand.
Sodalis was founded by Colin Thompson in November 2025 to pursue a buy-and-build strategy within the international insurance intermediary sector, targeting specialist underwriting and wholesale broking platforms across the UK, Europe and the Middle and Far East.
In November 2025, B.P. Marsh invested £5.3 million in Sodalis for Cumulative Preferred Shares, receiving an initial 26.67% equity interest in the firm, alongside Colin Thompson and Alliant Insurance Services, Inc.
Adam Kembrooke, Founder and Group Chief Executive Officer (CEO), Amiga Specialty, commented, “We built Amiga to be a different kind of specialty platform — underwriting-led, people-first, and globally minded from day one. Partnering with Sodalis allows us to accelerate that journey while staying true to what makes Amiga special. Just as importantly, this partnership brings together an exceptional group of people.
“It’s exciting to be reuniting with Colin again and gives us a rare opportunity to build something special for a second time, along with several former colleagues, combining shared experience with a fresh, modern platform built for the future. With Sodalis’ support, we now have the capital, alignment, and long-term backing to scale faster, invest deeper, and continue building a world-class specialty business for our brokers, carrier partners, and clients.”
Colin Thompson, Founder & Group CEO, Sodalis, added, “On a personal level, it is nice turn of events to be working with Adam again. We have a similar ethos and appetite for growth. While we set off independently, we have ended up here with the opportunity to build another world-class platform together at Amiga. The foundations are in place, the culture is strong, and the ambition is clear.”
According to the terms, 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.
Dan Topping has resigned as the Nominee Director of Amiga’s board but remains on the board of Sodalis.
Thompson stated, “The acquisition of Amiga represents a significant step in building a high-quality, international specialty insurance platform. Amiga brings strong underwriting expertise and relationships, which will complement Sodalis’s broader growth strategy.”
Topping said, “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.”
