Lark Group is acquiring the Surrey-based Cadogan Hanover Park business from Barbon Insurance.
On completion of the transaction, Lark, which provides insurance broking services to a cross-section of corporate and personal clients, will see its annual revenues rise to around £23 million and employ around 280 staff across six offices in London and the South East.
The firm’s chief executive, Graham Lark, describes Cadogan as 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 Cadogan management and staff will be joining Lark following the acquisition and will continue working from their office in Croydon.
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