M&A Deal Summary

Gallagher Acquires Johnsey Insurance Agency

On July 20, 2004, Gallagher acquired insurance company Johnsey Insurance Agency

Acquisition Highlights
  • This is Gallagher’s 10th transaction in the Insurance sector.
  • This is Gallagher’s 10th transaction in the United States.
  • This is Gallagher’s 1st transaction in California.

M&A Deal Summary

Date 2004-07-20
Target Johnsey Insurance Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Johnsey Insurance Agency

Fresno, California, United States
Johnsey Insurance Agency Inc. offers risk management, property, casualty, workers’ compensation and employee benefits services to its commercial clients in the western United States.

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Buyer(S) 1

Buyer

Gallagher

Rolling Meadows, Illinois, United States

website


Category Company
Founded 1927
Sector Insurance
Employees2,200
Revenue 8.2B USD (2021)
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 founded in 1927 and is based in Rolling Meadows, Illinois.


DEAL STATS #
Overall 10 of 482
Sector (Insurance) 10 of 399
Type (Add-on Acquisition) 10 of 456
State (California) 1 of 45
Country (United States) 10 of 364
Year (2004) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-09 Roberts & Eastland

Baton Rouge, Louisiana, United States

Roberts & Eastland LLC offers risk management and property, casualty, and benefits insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-14 Marine Insurance Service

Metairie, Louisiana, United States

Marine Insurance Service, LLC is a retail insurance broker offering risk management, ocean marine and commercial property/casualty insurance services primarily to their Louisiana clients.

Buy -