Investment Summary

Gallagher Invests In PT IBS Insurance Broking Service

On December 2, 2018, Gallagher invested in insurance company PT IBS Insurance Broking Service

Investment Highlights
  • This is Gallagher’s 271st transaction in the Insurance sector.
  • This is Gallagher’s 1st transaction in Indonesia.

Investment Summary

Date 2018-12-02
Target PT IBS Insurance Broking Service
Sector Insurance
Investor(s) Gallagher
Deal Type Stake Purchase

Target

PT IBS Insurance Broking Service

Jakarta, Indonesia
PT IBS Insurance Broking Service is the first licensed insurance broker and one of the country's most respected independent brokers, with revenues of over $10 million. It offers integrated risk services and insurance solutions for major corporations, middle-market companies, small to medium-sized enterprises (SMEs) and individual customers across Indonesia, with a focus on specific industry sectors such as real estate; banking and finance; forestry and agriculture; marine; manufacturing; energy; construction; plants and equipment; and motor.

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Investor(S) 1

Investor

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 329 of 581
Sector: Insurance M&A 271 of 483
Type: Stake Purchase M&A Deals 9 of 10
Country: Indonesia M&A 1 of 1
Year: 2018 M&A 41 of 48
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-26 R.T. Beers & Company Insurance Services

Long Beach, California, United States

R.T. Beers & Company Insurance Services, Inc. is a retail property/casualty broker serving clients throughout the United States, with a strong focus on risk identification and mitigation. R.T. Beers & Company Insurance Services, Inc. was founded in 1997 and is based in Long Beach, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-06 Boston Marks Insurance Brokers

Auckland, New Zealand

Boston Marks Group Ltd. is an independent insurance and reinsurance broker for the aviation sector, Boston Marks Group offers retail property/casualty brokerage services to a broad range of government, commercial and private aviation and aerospace clients. Boston Marks Group Ltd. was founded in 1985 and is based in Auckland, New Zealand.

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