Law firm Stephenson Harwood LLP has advised the mid-market private equity firm Bowmark Capital on the sale of Aston Lark to Goldman Sachs’ Merchant Banking Division.
Aston Lark, formed from the merger of Aston Scott and Lark in September 2017, is an independent chartered insurance broker, which specialises in commercial insurance, private client insurance and employee benefit advice. Since Bowmark’s investment in 2015, Aston Lark has continued to expand, and the team has completed 13 bolt-on acquisitions, as well as the merger in 2017.
The Stephenson Harwood team was led by partners Sam Gray and Jonathan Pittal.