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Weil, Gotshal & Manges LLP

10/14/2021 | Press release | Distributed by Public on 10/14/2021 16:12

Weil Advises Howden on its Acquisition of Aston Lark

October 14, 2021

Weil is advising Howden on its acquisition of Aston Lark from Goldman Sachs Asset Management and Bowmark Capital. International insurance broking group Howden's acquisition of U.K. commercial and private client insurance broker Aston Lark is its largest acquisition to date. The transaction will create for Howden a U.K. business managing over £6 billion of gross written premium for more than 1.7 million policyholders who are served by more than 5,000 employees from 160 locations in the U.K. and Ireland. The transaction is subject to regulatory approval.

The Weil team was led by Private Equity partner Jonathan Wood in London supported by Private Equity counsel Ellie Fialho and includes Corporate associates Holly MacKay, Grace Smith, Michael Skouras, Manjinder Tiwana and Henrietta Wirta; Banking & Finance partner Tom Richards and Banking & Finance associates Patrick Brendon, Natalie Hellio and Edward Hyde; in New York, Banking & Finance partner Damian Ridealgh and associate Sean McClay; Tax partner Oliver Walker, counsel Kevin Donegan and associate Oliver Rosshandler; Employment counsel Ivor Gwilliams and associate Edward Dickinson; Technology & IP Transactions partner Barry Fishley and associate Ruth Fisher; and Litigation partner Christopher Marks and associate Rhys Williams.

This follows advising Howden most recently on the acquisition of Align Financial Holdings in the United States, which was announced in August 2021.