Aston Lark has acquired Healthwise Group.
Healthwise, founded in 1993 and based in Dudley, West Midlands, provides Private Medical Insurance and other employee benefits solutions with a team led by Paul Swanson and Bob Grindley.
This is Aston Lark’s second healthcare acquisition of 2022 with the first being last month’s acquisition of Leicestershire based Phoenix Healthcare.
Aston Lark is currently backed by Goldman Sachs Asset Management and Bowmark Capital but will soon be acquired by Howden.
Aston Lark CEO Peter Blanc says: “We’re delighted to welcome the Healthwise team to the group, as we continue our ambitious Employee Benefits growth strategy. The last year has been transformational in the EB space and the addition of Healthwise will further allow us to broaden our offering to our personal and business clients.”
Healthwise commercial director Paul Swanson says: “We have been contacted by many parties interested in acquiring Healthwise over the years, however, Aston Lark stood out as a great future home for our clients. They offer vast expertise across a wide range of insurance products including all areas of employee benefits, whilst still providing a highly personal service, replicating our own business model. We can now support all our clients’ insurance needs as part of the combined group facility.”
Healthwise managing director Bob Grindley says: “We’re delighted to be joining Aston Lark and are excited by the prospect of expanding our operation in Dudley.”
