Aston Lark buys Cheshire-based broker

Broker Aston Lark has made yet another acquisition, this time buying Cheshire-based broker Philip Williams and Company.

Established in 1975 in Stockton Heath, Warrington, Philip Williams and Company specialises in sourcing tailored insurance schemes for groups, police federations and other law enforcement agencies in the UK.

Peter Blanc, Aston Lark’s group chief executive, said: “We love specialisms at Aston Lark and it is always our objective to aim for a leading position in our chosen specialist areas.

“The Philip Williams business has an amazing pedigree and lasting reputation in [its] chosen field and now, with access to an even wider range of group expertise and relationships, we are confident we can help the business accelerate growth and broaden its span of influence.”

This deal follows Aston Lark snapping up commercial broker and employee benefits advisor Innovation Broking last week. 

Excellent cultural fit

Speaking on the transaction, Steven Williams, Philip Williams and Company’s managing director, said: “We have been very selective about the right home for the company and Aston Lark was selected as the perfect partner, with shared ethics and ideology towards providing the best customer service and range of products to our clients.

“We are very much looking forward to building the business going forward, with the additional resources and expertise that the Aston Lark Group can bring to the table.”

Philip Williams, chair and founder of Philip Williams and Company, added: “We couldn’t have hoped for a better long-term partner to grow the business and enhance the excellent service we already provide to our clients.”

Blanc continued: “And most importantly, the cultural fit is excellent - the business comes with a fantastic team, wanting to do the very best for clients.”