Announced
Completed
Financials
Tags
Minority
Friendly
Acquisition
Completed
commercial insurance
Insurance Brokers
United Kingdom
Private Equity
Private
Single Bidder
Synopsis
Bowmark Capital reinvested in Aston Lark, the independent insurance broker, which has been recently acquired by Goldman Sachs’ Merchant Banking Division. Financial terms were not disclosed. “Over the past four years, we have worked closely with the Aston Lark team to create a highly scalable business with the right people, systems and processes to consolidate the fragmented insurance broking market. The combination of the company’s strong track record of growth, and an exceptional acquisition pipeline, gives us great confidence in Aston Lark’s future. We look forward to working with Goldman Sachs and the management team to support the next phase of growth,” David Torbet, Bowmark partner.
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