Announced
Financials
Tags
Friendly
Majority
Private Equity
Domestic
Private
Single Bidder
Acquisition
commercial insurance
Insurance Brokers
United Kingdom
Pending
Synopsis
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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