M&A Deal Summary

Gallagher Acquires Prasidium

On April 22, 2024, Gallagher acquired insurance company Prasidium

Acquisition Highlights
  • This is Gallagher’s 441st transaction in the Insurance sector.
  • This is Gallagher’s 27th transaction in Australia.

M&A Deal Summary
Date 2024-04-22
Target Prasidium
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Prasidium

Sydney, Australia
website
Prasidium is a specialist trade credit insurance broker serving clients throughout Australia.

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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 528 of 530
Sector (Insurance) 441 of 443
Type (Add-on Acquisition) 499 of 501
Country (Australia) 27 of 28
Year (2024) 12 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 F & G Insurance

Metairie, Louisiana, United States

F & G Insurance is a commercial property/casualty coverage specializing in large apartment accounts in the Louisiana market with capabilities nationwide. F & G Insurance was founded in 2006 and is based in Metairie, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-06 HICA

Eltham, Australia

HICA is a health insurance consultancy and brokerage firm serving corporate clients, small and medium-sized businesses, professional groups, and associations in Australia. HICA was founded in 1985 and is based in Eltham, Australia.

Buy -
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