Dragoneer Investment Group agrees to take Steadfast Group private

● PLATFORM | INSURANCE · Agency & Distribution

AUGUST 25, 2026

Dragoneer Investment Group agrees to take Steadfast Group private

TARGET

Australia's largest general insurance broker network and underwriting agency group, providing market access, technology platforms, and back-office services to over 419 member brokerages across Australasia.

Deal value	AUD$7.7B enterprise value
Revenue	AUD$2.075 billion (FY2025)
Ownership	Publicly traded
Capital raised	AUD ~$334M
Headcount	406 FTEs
Headquarters	Sydney, Australia
Leadership	Robert B. Kelly AM, Founder, Managing Director and Chief Executive Officer
Sell-side advisor	J.P. Morgan; Citi

ACQUIRER

Dragoneer Investment Group

San Francisco-based growth-oriented public and private investment firm focused on technology companies globally; Amwins Group and KKR are co-acquirers in the consortium

Ownership	—
Headquarters	San Francisco, California
Buy-side advisor	—

Share deal Copy details View press release ↗

Dragoneer Investment Group -> Steadfast Group  (2026-09-18)
take_private | Insurance | AUD$7.7 billion enterprise value | announced
Target: Australia's largest general insurance broker network and underwriting agency group, providing market access, technology platforms, and back-office services to over 419 member brokerages across Australasia.
Website: steadfast.com.au | Buyer site: dragoneer.com
HQ: Sydney, Australia | Ownership: public
Advisors - Sell-side: J.P. Morgan; Citi
Source: Thematic - https://thematichq.com/software/d/dragoneer-investment-group-steadfast-group.html

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