Bowmark-backed Aston Lark acquires Kent broker

Formed in 1958, Pharos today has commission and fee revenues of £8m, with over 70% of its income generated from commercial clients. All three of the existing Pharos directors are remaining with the business.

Peter Blanc, Aston Lark Group CEO, said: “We see a number of great opportunities to support Pharos’ growth, including plans to develop further in the local region.” Steve Turner, Pharos Managing Director, added: “We are delighted to become part of Aston Lark and welcome the opportunity to build on our long-standing presence on the Kent coast, and to continue the expansion of the range of products and services available to our clients.”