M&A Deal Summary

Gallagher Acquires Persac Insurance Agency Of Baton Rouge

On February 9, 2004, Gallagher acquired insurance company Persac Insurance Agency Of Baton Rouge

Acquisition Highlights
  • This is Gallagher’s 9th transaction in the Insurance sector.
  • This is Gallagher’s 9th transaction in the United States.
  • This is Gallagher’s 2nd transaction in Louisiana.

M&A Deal Summary

Date 2004-02-09
Target Persac Insurance Agency Of Baton Rouge
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Persac Insurance Agency Of Baton Rouge

Baton Rouge, Louisiana, United States
Persac Insurance Agency of Baton Rouge is an independent insurance agency. The Company provides solutions for personal, commercial, and e-commerce insurance needs.

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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 9 of 482
Sector (Insurance) 9 of 399
Type (Add-on Acquisition) 9 of 456
State (Louisiana) 2 of 15
Country (United States) 9 of 364
Year (2004) 2 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
2004-07-20 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.

Buy -