M&A Deal Summary

Gallagher Acquires Accurart

On May 4, 2023, Gallagher acquired insurance company Accurart

Acquisition Highlights
  • This is Gallagher’s 408th transaction in the Insurance sector.
  • This is Gallagher’s 3rd transaction in Switzerland.

M&A Deal Summary
Date 2023-05-04
Target Accurart
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Accurart

Zürich, Switzerland
website
Accurart is a specialist fine arts insurance broker for private collections, museums, galleries and fine arts exhibitions, as well as offering services for jewelry, wine collections and musical instruments. Accurart is based in Zürich, Switzerland.

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Buyer(S) 1

Buyer

Gallagher

Rolling Meadows, Illinois, United States

website

Category Company
Founded 1927
Sector Insurance
Employees44,000
Revenue 8.6B USD (2022)
DESCRIPTION
Gallagher's headquarters in Rolling Meadows, Illinois.
Gallagher's headquarters in Rolling Meadows, Illinois.

Gallagher is an international insurance brokerage and risk management services firm. Gallagher has operations in 27 countries and offers its services in more than 140 countries around the world through a network of correspondent brokers and consultants. Gallagher was incorporated in 1927 and is based in Rolling Meadows, Illinois.

DEAL STATS #
Overall 492 of 528
Sector (Insurance) 408 of 441
Type (Add-on Acquisition) 466 of 499
Country (Switzerland) 3 of 3
Year (2023) 14 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Leavitt Insurance Services

Cedar City, Utah, United States

Leavitt Insurance Services offers commercial property/casualty insurance as well as employee benefits consulting to clients in the Southwest US. Leavitt Insurance Services is based in Cedar City, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-15 Mavco

West Perth, Australia

Mavco is a general insurance broker and risk management firm serving corporate clients throughout Australia and internationally. Mavco's areas of expertise include construction, health, engineering, mining and financial services. Mavco was founded in 2016 and is based in West Perth, Australia.

Buy -
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