Thursday, 1 September 2011

Lark snap up Cadogan Hanover Park business from Barbon

Lark has today completed the purchase of the Cadogan Hanover Park business from Barbon Insurance, in a deal which is expected to boost the group’s annual revenues to around £23m.
 
Postonline
01 Sep 2011

Management teams and general staff from Cadogan will now join Lark, which employs 280 staff in six offices across London and the South East.

Graham Lark, Lark chief executive, said: "We are delighted to add Cadogan Hanover Park to our existing operations. It is a top quality broking business and an ideal fit with our strategic objective to become one of the leading independent brokers in the South East.

"All the management and staff will be joining Lark following the acquisition and will continue to service their clients from the office in Croydon as before. There is a strong cultural fit as they share our belief that there is considerable opportunity for insurance brokers who provide clients with sound advice and excellent service. Everyone at Lark is very much looking forward to working with them."

Nick Sharp, Barbon managing director, added: "I am genuinely delighted that such a great new home has been secured for staff and clients in Cadogan Hanover Park alike. Lark has expertise and a strong long standing reputation for quality and service which will be complimented by the arrival of the CHP team. I wish both parties every success in the future and would record my thanks to the CHP team for their commitment and delivery over the years".

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