M&A Deal Summary

Gallagher Acquires Mavco

On May 15, 2023, Gallagher acquired insurance company Mavco

Acquisition Highlights
  • This is Gallagher’s 409th transaction in the Insurance sector.
  • This is Gallagher’s 25th transaction in Australia.

M&A Deal Summary

Date 2023-05-15
Target Mavco
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Mavco

West Perth, Australia
Mavco is a general insurance broker and risk management firm serving corporate clients throughout Australia and internationally. Mavco's areas of expertise include construction, health, engineering, mining and financial services. Mavco was founded in 2016 and is based in West Perth, Australia.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Gallagher

Rolling Meadows, Illinois, United States

Category Company
Founded 1927
Sector Insurance
Employees56,000
Revenue 11.6B USD (2024)
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 493 of 581
Sector: Insurance M&A 409 of 483
Type: Add-on Acquisition M&A Deals 467 of 549
Country: Australia M&A 25 of 33
Year: 2023 M&A 15 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Accurart

Zürich, Switzerland

Accurart is a specialist fine arts insurance broker for private collections, museums, galleries and fine arts exhibitions, as well as offering services for jewelry, wine collections and musical instruments. Accurart is based in Zürich, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 IBKB

Altamonte Springs, Florida, United States

IBKB is a retail insurance broker specializing in the construction and swimming pool industries. IBKB was founded in 1974 and is based in Altamonte Springs, Florida.

Buy -