Grant Thornton advises UKGlobal Broking Group UKGlobal Broking Group has been sold to Aston Lark

April 2022
UKGlobal Broking Group
Aston Lark
Adviser to UKGlobal Broking Group on their sale to Aston Lark
£undisclosed
Grant Thornton team
  • Sandy Kumar
    Sandy Kumar
    Head of our Financial Services Group and Global Head of Business Risk Services
Insurance
Sell side
Corporate finance
UK

We are delighted to have advised UKGlobal Broking Group on their sale to Aston Lark.

UKGlobal Broking Group are a fast-growing Top 30 Independent Insurance Broker. They are a national business, supporting clients from a network of 10 regional offices, and in addition have extensive international capability.

On acquiring UKGlobal, Peter Blanc, Aston Lark Group CEO, said, UKGlobal is “an outstanding business and we now have an opportunity to partner together to more than double the business again over the coming few years.”

We were engaged by UKGlobal to provide corporate finance advisory and tax advisory services in relation to the disposal.

Following an approach from Aston Lark, the UKGlobal shareholders acknowledged the strong commercial and cultural fit between the two businesses.

Our specialist insurance sector corporate finance and tax professionals were engaged to provide a full suite of transaction services to the UKGlobal shareholders, to drive the transaction forward and solve a number of complex issues.

Our ability to draw on a wide range of sector and broader transactions experience was critical in ensuring the shareholders objectives were met, and the transaction was brought to a successful conclusion.

Testimonial

The Grant Thornton team did a superb job in closing this transaction; their support throughout was invaluable. I’m really pleased to have selected such a high quality deal team. Grant Thornton’s ability to provide joined-up, holistic advice and support across both our M&A and tax needs was hugely beneficial and ensured transaction progressed smoothly through to completion.

Matthew Bray Group CEO, UKGlobal Broking Group

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