M&A Deal Summary

Gallagher Acquires Remco Insurance

On January 23, 2023, Gallagher acquired insurance company Remco Insurance

Acquisition Highlights
  • This is Gallagher’s 399th transaction in the Insurance sector.
  • This is Gallagher’s 365th transaction in the United States.
  • This is Gallagher’s 29th transaction in Texas.

M&A Deal Summary
Date 2023-01-23
Target Remco Insurance
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Remco Insurance

Austin, Texas, United States
website
Remco Insurance is a retail non-standard auto insurance agency serving clients throughout Texas. Remco Insurance was founded in 1987 and is based in Austin, Texas.

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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 483 of 527
Sector (Insurance) 399 of 440
Type (Add-on Acquisition) 457 of 498
State (Texas) 29 of 30
Country (United States) 365 of 397
Year (2023) 5 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-17 First Ireland

Dublin, Ireland

First Ireland is a retail insurance broker offering a variety of commercial and personal insurance products as well as life and pension solutions to clients. First Ireland was founded in 1982 and is based in Dublin, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 Anderson Benson

Nashville, Tennessee, United States

Anderson Benson is a retail insurance broker and risk management firm with entertainment niche expertise as well as specializations in hospitality, construction, transportation, and private clients across the US. Anderson Benson was formed in 2012 and is based in Nashville, Tennessee.

Buy -
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