M&A Deal Summary

Gallagher Acquires Brim AB

On July 6, 2016, Gallagher acquired insurance company Brim AB

Acquisition Highlights
  • This is Gallagher’s 194th transaction in the Insurance sector.
  • This is Gallagher’s 1st transaction in Sweden.

M&A Deal Summary

Date 2016-07-06
Target Brim AB
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Brim AB

Stockholm, Sweden
Brim is a specialty insurance and reinsurance broker that provides commercial property/casualty, credit/political risk and affinity insurance products and services to its Scandinavian and international clients. Its credit and political risk practice provides financing support for major infrastructure projects while its construction practice supports residential and commercial building development. R

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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 243 of 581
Sector: Insurance M&A 194 of 483
Type: Add-on Acquisition M&A Deals 228 of 549
Country: Sweden M&A 1 of 3
Year: 2016 M&A 17 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-13 The Buchholz Planning

Madison, Wisconsin, United States

The Buchholz Planning Corp. is a provider of employee benefits consulting and brokerage services for middle-market and large businesses and individuals throughout the United States. They specialize in offering life and disability insurance solutions to healthcare organizations. William Buchholz, his partners and his associates will continue to operate at their current location under the direction of Bill Ziebell, head of Gallagher's North Central employee benefit consulting and brokerage operations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-27 Gabor Insurance Services

Miami, Florida, United States

Gabor Insurance Services, Inc. is a managing general agency and excess and surplus lines insurance broker that provides commercial and personal property/casualty insurance products and services to its retail broker clients throughout the Southeastern United States. Gabor specializes in commercial property and professional liability with a focus on architects and engineers, lawyers, healthcare and other professionals.

Buy -