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Aston Lark

Investment May 2015

Business ModelTech-enabled Business Services

Business Insurance Broking

Growth StrategyM&A

Why we invested

The UK’s corporate and SME broking market was highly fragmented, with over 3,000 active regional brokers. There was considerable scope for consolidation, with underwriters increasingly preferring to deal with fewer, larger brokers. This was an opportunity for Bowmark to help Aston Lark accelerate its acquisition-led growth strategy.

Acquisitions supported


The result

Bowmark first invested in the company in May 2015, realising this investment via a sale to Goldman Sachs in 2019 – at which time we reinvested to support the continued growth of the business. During Bowmark’s period of investment, the company successfully completed a total of 55 bolt-on acquisitions, as well as the transformational merger of Aston Scott and Lark in 2017. Whilst pursuing this expansion strategy, Aston Lark continued to deliver the highest standard of service for its clients, which was recognised by a number of industry awards. During this time, it also grew its employee numbers eight-fold to 1,600 people.

In 2022, Aston Lark was acquired by Howden, the international insurance broking group.

Bowmark’s ability to help us source and execute acquisitions was pivotal in enabling us to deliver on our growth objectives. Peter Blanc,Group CEO

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