Add-on Acquisition • Insurance

Gallagher Acquires Ranger Insurance

On July 2, 2014, Gallagher acquired insurance company Ranger Insurance

Acquisition Context
  • This is Gallagher’s 136th transaction in the Insurance sector.
  • This is Gallagher’s 5th transaction in Canada.
  • This is Gallagher’s 1st transaction in Manitoba.

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M&A Deal Summary

Date July 2, 2014
Target Ranger Insurance
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target Company

Ranger Insurance

Winnipeg, Manitoba, Canada
Ranger Insurance is one of the province’s largest insurance brokers, Company are committed to providing the best service possible to our over 40,000 customers. From commercial and surety to residential and auto, Company have the products and services need to protect what matters most to public.
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Buyer Overview 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 Context for Buyer #
Overall 172 of 581
Sector: Insurance 136 of 483
Type: Add-on Acquisition 160 of 549
State: Manitoba 1 of 3
Country: Canada 5 of 30
Year: 2014 17 of 39
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-13 The Plus Companies

Bridgewater, New Jersey, United States

The Plus Companies, Inc. (TPC) is a managing general agent and program manager which provides non-medical, professional liability and umbrella insurance products and services to their independent insurance agent and broker clients throughout the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-18 Foundation Strategies

Katy, Texas, United States

Foundation Strategies, Inc. (FSI) is an employee benefits broker and consultant that offers a wide range of group employee benefit products and consulting services for their primarily mid-to-large clients in the south central United States.

Buy -