Announced
Completed
Financials
Tags
Insurance Brokers
commercial insurance
Private
Private Equity
Acquisition
United Kingdom
Single Bidder
Friendly
Majority
Completed
Synopsis
Goldman Sachs completed its acquisition of Aston Lark, an independent insurance broker, from Bowmark Capital, the mid-market private equity firm. Financial terms were not disclosed. “With Bowmark’s support, Aston Lark has made superb progress. As well as making a significant investment in the business and our people, we have been successful in driving accelerated growth, by acquiring a number of high-quality insurance brokers that have helped to enhance the group’s product and service offering. I look forward to working with Goldman Sachs’ Merchant Banking Division on the next phase of the company’s journey,” Peter Blanc, Aston Lark group chief executive.
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