Howden Acquires A-Plan Group from Hg

Howden Acquires Aston Lark

October 13, 2021

Insurance

Howden, the international insurance broking group, has agreed to acquire Aston Lark from Goldman Sachs Asset Management and Bowmark Capital, subject to regulatory approval. The deal completes Howden's UK broking platform, creating a combined UK business managing over £6bn of gross written premium and significantly expanding Howden's scale and capabilities across commercial, private client and employee benefits lines.

Howden Group Acquires TigerRisk Partners from Flexpoint Ford

June 9, 2022

Insurance

Howden Group has agreed to acquire TigerRisk Partners, a risk, capital and strategic advisory firm to the global insurance and reinsurance markets, from private equity owner Flexpoint Ford. The deal expands Howden's reinsurance and capital markets capabilities and scales its global offering; the transaction remains subject to customary regulatory approvals.

Chart Industries Acquires Howden for $4.4 Billion

November 9, 2022

Manufacturing

Chart Industries has agreed to acquire Howden from affiliates of KPS Capital Partners, LP for $4.4 billion, creating a combined business with estimated pro forma revenue of approximately $3.4 billion. The deal expands Chart's engineered equipment and process-technology portfolio into air and gas handling, strengthens aftermarket service exposure, and targets substantial cost and commercial synergies; the transaction closed on March 17, 2023.

Capital A-led Consortium Acquires Hampden Insurance Group (including Maas Lloyd)

December 9, 2022

Insurance

A consortium led by Dutch private equity firm Capital A has acquired Hampden Insurance Group B.V. from Hampden Holdings Ltd. The investors (united as Dutch Insurance Group B.V.) will rename Hampden Insurance Group to Halcyon Insurance Group and retain Maas Lloyd as an operating insurer to strengthen its national position in the Netherlands.

Applied Systems Acquires Planck

July 23, 2024

AI & Machine Learning

Applied Systems has acquired Planck, an AI-based data platform for commercial insurance, to accelerate and expand AI capabilities across Applied's global insurance software portfolio. The acquisition aims to integrate Planck's real-time data and AI-driven underwriting insights into Applied's products to improve underwriting, renewals, servicing and advisory workflows for carriers and agencies.

KPS Capital Partners Acquires Howden from Colfax Corporation

May 16, 2019

Manufacturing

KPS Capital Partners has signed a definitive agreement to acquire Howden from Colfax Corporation for an enterprise value of $1.80 billion (approximately $1.66 billion cash plus $0.14 billion in assumed liabilities and minority interest). Howden, headquartered in Glasgow, United Kingdom, is a global manufacturer and service provider of mission-critical air and gas handling equipment with more than 5,300 employees and a presence in 32 countries. KPS said it will support Howden's transformation and growth through investments in R&D, technology and strategic acquisitions.