Bowmark's Aston Lark bolts on Highworth Insurance
Bowmark Capital-backed Aston Lark has bolted on UK-based household insurance brokerage Highworth Insurance.
Highworth will become part of Aston Lark's private client division following completion of the deal. The development comes two months after the business acquired Irish brokerage Robertson Low.
It is the eighth bolt-on made by the group and comes 18 months after the GP supported the merger of Aston Scott Group (then already a portfolio company) with Lark Group.
Bowmark supported the management buyout of Aston Scott Group in 2015, following which the company's founder, Andrew Scott, retained a significant holding in the business.
Two years later, a new holding company was established to acquire the entire share capital of Lark Group and Aston Scott, with the consolidated group subsequently rebranding as Aston Lark.
Company
Founded in 2016 and headquartered in Poole, Dorset, Highworth is an insurance brokerage focusing on high-value buildings, contents and jewellery contracts. The company has a headcount of 40.
People
Aston Lark Group – Peter Blanc (CEO).
Highworth Insurance – Toby Green, Peter Leppington (directors).
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