Aston Lark Acquires UK Employee Benefits Specialist, Healthwise Group

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Healthwise Group Ltd. as its second healthcare acquisition of 2022.

Financial details of the transaction were not disclosed.

Founded in 1993 and based in Dudley in the West Midlands, England, with a dedicated team led by Paul Swanson and Bob Grindley, Healthwise provides private medical insurance and other employee benefits solutions.

“We’re delighted to welcome the Healthwise team to the group, as we continue our ambitious employee benefits growth strategy. The last year has been transformational in the EB space and the addition of Healthwise will further allow us to broaden our offering to our personal and business clients,” commented Peter Blanc, Aston Lark Group CEO.

“We have been contacted by many parties interested in acquiring Healthwise over the years, however, Aston Lark stood out as a great future home for our clients. They offer vast expertise across a wide range of insurance products including all areas of employee benefits, whilst still providing a highly personal service, replicating our own business model. We can now support all our clients’ insurance needs as part of the combined group facility,” said Paul Swanson, commercial director of Healthwise.

About Aston Lark

Currently backed by Goldman Sachs but soon to be acquired by Howden (as announced on Oct. 13, 2021), Aston Lark has more than 1,700 employees across more than 55 offices in the UK and Ireland, 200,000 customers and more than £1 billion of GWP. Its 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