Lark completes first "significant acquisition" since Groupama MBO
Lark Group has completed its first "significant acquisition" since its management buyout (MBO) from Groupama with the capture of Surrey-based HMT Insurance Brokers.
HMT provides cover for businesses operating in post-conflict territories such as Bosnia, Iraq, Afghanistan and other high-security areas, as well as for clients carrying out mine clearance and bomb disposal work.
Lark chairman Graham Lark - who bought the broker from founder and proprietor Howard Thompson - said: "It is a fantastic niche business and so a great fit with our strategic aim to broaden our range of capabilities.
"This is our first significant acquisition since the MBO from Groupama
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