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New Deal


Announced

Completed

Goldman Sachs completed the acquisition of Aston Lark from Bowmark Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Insurance Brokers

commercial insurance

Private

Private Equity

Acquisition

United Kingdom

Single Bidder

Friendly

Majority

Completed

Synopsis

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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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