Insurance broker Aston Lark has kicked off 2022 with the acquisition of Phoenix Healthcare (UK).
Phoenix Healthcare was established in 1996 in Oadby, Leicestershire and is an independent UK broker and adviser specialising in all aspects of corporate healthcare. Terms of the deal were not disclosed.
This latest deal follows on from a year in which Aston Lark bought Lancashire-based Choice Benefits, London and Watford-based Innovation Broking and Southampton-based broker PHM.
It also completed the buyout of Right to Health and The Health Insurance Specialists, and agreed terms to acquire the clients of The Health Insurance Company.
Furthermore the firm has itself been acquired by international insurance broking group Howden which reached agreement to buy Aston Lark from Goldman Sachs Asset Management and Bowmark Capital in October.
Commenting on this latest acquisition, Peter Blanc, CEO of Aston Lark Group, (pictured) said the firm was “becoming a real powerhouse in private medical insurance” advice and welcomed Phoenix Healthcare into the business.
Paul Wright, co-founding director of Phoenix Healthcare, said: “Both Lee Shorter and I have over 35 years’ experience in the industry, and are delighted to choose Aston Lark as the long-term partner for our business.
“We firmly believe that they will be a great home for our staff and share our client-first approach to corporate healthcare broking.”
Lee Shorter, co-founding director of Phoenix Healthcare, added: “Becoming part of Aston Lark and having access to their resources and products will provide great opportunity for further helping our clients.”