Goldman Sachs to acquire UK insurance broker Aston Lark

Livingstone has advised the shareholders of Bowmark Capital-backed Aston Lark, a UK-based insurance broker and employee benefits provider, on its agreed sale to Goldman Sachs' Merchant Banking Division. Completion of the transaction is expected to occur following receipt of approvals from the Financial Conduct Authority (FCA) and the Central Bank of Ireland, and antitrust approval. Livingstone and Macquarie Capital acted as joint advisors. Aston Lark, which was formed from the merger of Aston Scott and Lark in September 2017, is the UK's fifth largest independent chartered insurance b...