M&A Deal Summary

Gallagher Acquires Premier Brokerage Services

On December 15, 2020, Gallagher acquired infrastructure company Premier Brokerage Services

Acquisition Highlights
  • This is Gallagher’s 1st transaction in the Infrastructure sector.
  • This is Gallagher’s 314th transaction in the United States.
  • This is Gallagher’s 17th transaction in Pennsylvania.

M&A Deal Summary
Date 2020-12-15
Target Premier Brokerage Services
Sector Infrastructure
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Premier Brokerage Services

Jenkintown, Pennsylvania, United States
Premier Brokerage Services, Inc. is a high-net-worth focused life insurance wholesale agency offering primarily permanent and term life insurance, annuities, and long-term care products from its offices in Jenkintown and Miami, Fla. Premier places coverage throughout the U.S., with approximately 80% of the business concentrated on the East Coast. Steven J. Katz and his associates will continue to operate from their current locations under the direction of Jeff Leonard, Gallagher's North American Practice Leader for Financial and Retirement Services. Premier Brokerage Services was formed in 1995 and is based in Jenkintown, Pennsylvania.

Search 197,968 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Gallagher

Rolling Meadows, Illinois, United States
Category Company
Founded 1927
Sector Insurance
Employees44,000
Revenue 10.1B USD (2023)
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 406 of 536
Sector (Infrastructure) 1 of 1
Type (Add-on Acquisition) 384 of 507
State (Pennsylvania) 17 of 18
Country (United States) 314 of 403
Year (2020) 23 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Cool Insuring Agency

Latham, New York, United States

Cool Insuring Agency, Inc. provides commercial, personal, and life & health insurance and consulting services to clients across the Northeastern United States from offices in Queensbury and Latham.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 William H. Connolly

Montclair, New Jersey, United States

William H. Connolly & Co. is a retail insurance broker offering commercial and personal insurance products and services as well as employee benefit packages and individual and group life and health coverage to its clients located throughout the Northeast. William H. Connolly was founded in 1950 and is based in Montclair, New Jersey.

Sell -
Mergr

Product

Company

Legal