DMH Stallard has advised on the sale of independent family firm Highworth Insurance Limited to the Aston Lark Group.
Based in Poole, Highworth Insurance is a specialist high value and non-standard insurer, providing a range of covers from high value homes and non-standard properties, to jewellery and private collections.
Advising the selling shareholders, DMH Stallard’s corporate partner, Abigail Owen, led the team that included corporate partner, Justine Tocher and corporate associate Kay Miles.
Aston Lark is one of the top five independent Chartered Insurance Brokers in the country.
Abigail said: “We were delighted to work with the team at Highworth Insurance and help them navigate through the complex process of selling the company as smoothly as possible and to meet their preferred deadline. It is always great to see a successful outcome for everyone and I’m sure there will be exciting times ahead for the business.”
“Joining the Aston Lark group provides the support we need to drive further growth and reinforces our ambitions for the business,” said Peter Leppington, Finance Director . “The DMHS team were invaluable in guiding us throughout the transaction; the calm, clear approach that Abigail, Justine and Kay took kept us on track and instilled confidence through a process that we weren’t familiar with.”
Other advisers acting for the sellers included, lead advisory provided by IMAS Corporate Finance.