Aston Lark reveals latest broker acquisition deal

A new week and another deal for the acquisitive firm

Aston Lark reveals latest broker acquisition deal

Mergers & Acquisitions

By Paul Lucas

It seems that barely a week goes by without Aston Lark announcing a brokerage acquisition – and this week is no exception.

It may only be Monday, but the Chartered insurance broker backed by Goldman Sachs, has announced its swoop for S Johnson & Company Ltd, the Birmingham-based firm established back in 1990.

Led by Steven Johnson and Graham Ettrick (pictured above), the brokerage has a focus on commercial clients, and since the 90s has offered bespoke solutions to the music industry. It has also formed a specialism around the gun trade.

“Our team has for over 20 years specialised in providing insurance services to clients in the gun and music trades,” said managing director Steven Johnson. “Our aim has always been to offer personal and expert service to our clients, and we believe that joining the Aston Lark Group will not dilute this objective but instead bring more resources to the table, as well as offering considerable potential for further growth.”

Meanwhile, Aston Lark Group CEO Peter Blanc noted his own pride in the Lark music business and that the deal would help further than positioning.

“As soon as I met with Steve and we started talking about Johnsons’ Cover Notes scheme for musical instrument retailers, the opportunities were really clear and extremely exciting,” he said.

“The gun cover scheme also represents a great opportunity, providing a new specialism for our group, and Steve and Graham’s ethos and customer focus aligns perfectly with ours. I’m delighted to welcome the whole team to Aston Lark and I look forward to seeing both schemes thrive in their new home.”

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