Broker Aston Lark Announces 40th Acquisition Since 2018 Launch

Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40^th deal since its formation in 2018 and its 24^th in 2021 alone.

Financial terms of the deal were not disclosed.

Established in 2002, insurance broker Absolute Products provides a bespoke service to private clients as well as a range of commercial insurances for businesses. Based in Leighton Buzzard, England, and led by Nicki O’Gorman and Paul Szirbik, the Absolute Products team strives to deliver exceptional customer service.

Aston Lark announced on Oct. 13 that it will also be acquired – by Howden Brokers.

Nicki O’Gorman, director at Absolute Products, commented: “We are delighted to be joining the Aston Lark group. We pride ourselves on offering clients first-class advice along with excellent customer service, and Aston Lark shares the same ethos. It is exciting that our clients will be able to benefit from the wide-ranging services and resources this great company can offer. Aston Lark is the ideal partner as we continue on our journey and we’re very much looking forward to the future as part of the group.”

“Our primary philosophy is to provide our clients with a personal and professional service, and we believe becoming part of Aston Lark will bring additional benefits to our clients,” said Paul Szirbik, who also is a director at Absolute Products.

About Aston Lark

With more than 1,600 employees across more than 55 offices in the UK and Ireland, 200,000 customers and more than £900 million of GWP, Aston Lark’s expertise spans all commercial sectors, industry-specific schemes, employee benefits consultancy, and a wide range of private client solutions.

Source: Aston Lark

Topics Mergers & Acquisitions Agencies