M&A Deal Summary

Gallagher Acquires Brokers’ House

On August 12, 2021, Gallagher acquired insurance company Brokers’ House

Acquisition Highlights
  • This is Gallagher’s 354th transaction in the Insurance sector.
  • This is Gallagher’s 1st transaction in Turkey.

M&A Deal Summary
Date 2021-08-12
Target Brokers’ House
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Brokers’ House

Uskudar, Turkey
website
Brokers’ House is a commercial insurance and facultative reinsurance broker offering a broad range of commercial and specialty lines including property, financial lines, energy, engineering, and marine cargo. Brokers’ House was formed in 2010 and is headquartered in Istanbul.

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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 426 of 527
Sector (Insurance) 354 of 440
Type (Add-on Acquisition) 402 of 498
Country (Turkey) 1 of 1
Year (2021) 18 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-30 R.J. Riordan

Oakbrook, Illinois, United States

R.J. Riordan is a retail property/casualty broker offering a full range of insurance products and services to clients across the Chicago region. The team specializes in serving clients in the construction and transportation industries. R.J. Riordan is based in Oakbrook, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-13 Willis Towers Watson - Treaty Reinsurance Brokerage Operations

London, United Kingdom

Willis Towers Watson's Treaty Reinsurance Brokerage Operations provides a full range of insurance services.

Buy $4.0B
Mergr

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