M&A Deal Summary

Gallagher Acquires Hruska Insurancenter

On May 16, 2022, Gallagher acquired insurance company Hruska Insurancenter

Acquisition Highlights
  • This is Gallagher’s 378th transaction in the Insurance sector.
  • This is Gallagher’s 347th transaction in the United States.
  • This is Gallagher’s 35th transaction in Illinois.

M&A Deal Summary

Date 2022-05-16
Target Hruska Insurancenter
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Hruska Insurancenter

Mokena, Illinois, United States
website
Hruska Insurancenter is a retail property/casualty brokerage with a particular focus on serving commercial real estate clients, including condominiums and apartment complexes. Hruska Insurancenter was founded in 1956 and is based in Mokena, Illinois.

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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 455 of 525
Sector (Insurance) 378 of 438
Type (Add-on Acquisition) 430 of 496
State (Illinois) 35 of 38
Country (United States) 347 of 395
Year (2022) 10 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 LIG Solutions

Independence, Ohio, United States

LIG Solutions offers health insurance products, Medicare plans, and advisory solutions to families and individuals throughout the United States who do not qualify for conventional corporate plans. LIG Solutions was founded in 2009 and is headquartered in Independence, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-24 Frederickson Partners

Menlo Park, California, United States

Frederickson Partners is a human resource retained executive search and advisory firm, and a leader in diversity, equity, and inclusion. Formed in 1995, Frederickson Partners has locations in a dozen cities across the U.S., including San Francisco, New York, Dallas, Chicago, Los Angeles and Nashville, and also serves global tech hubs London, Berlin, Paris, Mexico City, Bogota, Seoul and São Paulo.

Buy -