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Announced

Howden to acquire Aston Lark from Goldman Sachs and Bowmark Capital for $1.5bn.

Financials

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Transaction Value£1,100m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Majority

Private Equity

Domestic

Private

Single Bidder

Acquisition

commercial insurance

Insurance Brokers

United Kingdom

Pending

Synopsis

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Howden, an international insurance broking group, agreed to acquire Aston Lark, an independent insurance brokers specializing in complex commercial and private client insurance and employee benefit advice, from Goldman Sachs, an investment manager, and Bowmark Capital, a private equity firm, for $1.5bn. "The completion of our UK Broking platform is a deal a decade in the making and I’m thrilled that Aston Lark’s highly respected and experienced management team has chosen Howden as its final home," David Howden, Howden Group CEO.

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