Gallagher Mergers and Acquisitions Summary

InsuranceCompany

Gallagher has acquired 491 companies, including 199 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 7 assets.

Gallagher’s largest acquisition to date was in 2021, when it acquired Willis Towers Watson - Treaty Reinsurance Brokerage Operations for $4.0B. Gallagher has acquired in 43 different US states, and 23 countries. The Company’s most targeted sectors include insurance (83%) and business services (14%).

Join Mergr and gain access to Gallagher’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the insurance sector.

M&A Summary

  • M&A Total Activity494
    • M&A Buy Activity487
    • M&A Sell Activity7
  • Total Sectors Invested 9
  • Total Countries Invested 23
  • M&A Buy/Sell Connections 31
  • M&A Advisors 3

Gallagher

Arthur J. Gallagher & Co.

2850 Golf Road,
Rolling Meadows, Illinois 60008
United States,
(630) 773-3800
www.ajg.com

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.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (30.2/yr) # 336 47 25 37 32 10 487
vol $2.2B $4.0B $660M $6.8B
Sell (0.8/yr) # 3 2 2 - - - 7
  494

Most Recent M&A

Company Date Value Type
Viking Bond Service, Inc. 2023-03-21 - Add-on Acquisition
Phoenix, Arizona · www.performancesuretybonds.com
Stewart, Brimner, Peters & Co. 2023-03-20 - Add-on Acquisition
Fort Wayne, Indiana · www.sbpinsurance.com
AT Squared Holdings Ltd. 2023-03-15 - Add-on Acquisition
Merseyside, United Kingdom · www.feprotect.co.uk
Bay Risk Services Ltd. 2023-03-06 - Add-on Acquisition
London, United Kingdom · www.bayriskservices.com
ABBM Co. LLC 2023-03-01 - Add-on Acquisition
Nashville, Tennessee · www.andersonbenson.com
Remco Insurance Agencies, Inc. 2023-01-23 - Add-on Acquisition
Austin, Texas · www.remco.com
First Ireland Risk Management Ltd. 2023-01-17 - Add-on Acquisition
Dublin, Ireland · www.firstireland.ie
John C. Breckenridge Insurance Solutions, Inc. 2023-01-11 - Add-on Acquisition
Sacramento, California · www.jcbins.com
Corporate Insurance Analysts, Inc. 2023-01-04 - Add-on Acquisition
, United States
CBS Insurance LLP 2023-01-03 - Add-on Acquisition
Abilene, Texas · www.cbsins.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
The Benfield Group LLC 2014-09-22 Parisco AS 2021-04-07 1
St. Louis, Missouri · www.benfield.com Oslo, Norway · www.parisco.as
Risk Placement Services, Inc.    - National Insurance Professionals Corp. 2003-11-03 5
Itasca, Illinois · www.rpsins.com Poulsbo, Washington · www.nipc.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 404 (83%) 6.2B (90%) 6 (86%) -
Business Services 68 (14%) 660M (10%) 1 (14%) -
Staffing 8 (2%) - - -
Marketing 2 (< 1%) - - -
Financial Services 1 (< 1%) - - -
Information Technology 1 (< 1%) - - -
Infrastructure 1 (< 1%) - - -
Real Estate 1 (< 1%) - - -
Software 1 (< 1%) - - -
Total 487 $6.8B 7 -

By Geo

State/Country Buy Value Sell Value
United States 367 277M 6 -
  California 45 - - -
  Illinois 37 - 1 -
  Texas 29 - - -
  New York 21 - - -
  New Jersey 19 277M 1 -
  Pennsylvania 17 - - -
  Florida 16 - - -
  Louisiana 15 - - -
  Minnesota 13 - - -
  Ohio 12 - - -
  Missouri 10 - 1 -
  Michigan 9 - 1 -
  Massachusetts 9 - 1 -
  Iowa 7 - - -
  Indiana 7 - - -
  Colorado 7 - - -
  Arizona 7 - - -
  Washington 6 - 1 -
  Wisconsin 6 - - -
  North Carolina 6 - - -
  Utah 5 - - -
  Connecticut 5 - - -
  Oklahoma 5 - - -
  Nevada 5 - - -
  Nebraska 5 - - -
  Maryland 5 - - -
  Tennessee 4 - - -
  Alabama 4 - - -
  Mississippi 4 - - -
  Kansas 3 - - -
  Georgia 3 - - -
  Virginia 3 - - -
  Arkansas 3 - - -
  South Carolina 3 - - -
  Idaho 2 - - -
  Hawaii 1 - - -
  South Dakota 1 - - -
  Rhode Island 1 - - -
  Oregon 1 - - -
  New Mexico 1 - - -
  Montana 1 - - -
  Kentucky 1 - - -
United Kingdom 40 5.8B - -
  Washington 1 - - -
Canada 26 - 1 -
  Ontario 11 - - -
  Alberta 4 - 1 -
  Quebec 3 - - -
  Manitoba 3 - - -
  New Brunswick 2 - - -
  British Columbia 2 - - -
  Nova Scotia 1 - - -
Australia 24 719M - -
New Zealand 4 - - -
Ireland 3 - - -
Sweden 3 - - -
Colombia 2 - - -
Norway 2 - - -
Switzerland 2 - - -
Trinidad and Tobago 2 - - -
Bermuda 1 - - -
Brazil 1 - - -
Channel Islands 1 - - -
Czech Republic 1 - - -
India 1 - - -
Indonesia 1 - - -
Jamaica 1 - - -
Malaysia 1 - - -
Mexico 1 - - -
Peru 1 - - -
Singapore 1 - - -
Turkey 1 - - -
Domestic 367 (75%) 277M (4%) 6 (86%) -
Cross-border 120 (25%) 6.6B (96%) 1 (14%) -
Total 487 $6.8B 7 -

Top M&A Advisors

Financial Deals
Morgan Stanley
2
Legal Deals
Wragge Lawrence Graham & Co LLP
1
Sidley Austin LLP
1

Deal Values

buy # Total
> $1B 1 $4.0B
$100M to $1B 7 $2.8B
TOTAL $6.8B
Largest Willis Towers Watson - Treaty Reinsurance Brokerage Operations
$4.0B (2021-08-13)

M&A Connections

Deals
Acquired from
Investor(s)
1%
7 (1%)
Strategic(s)
3%
16 (3%)
Divested to
Strategic(s)
86%
6 (86%)

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