M&A Deal Summary

Gallagher Acquires Capitol Benefits Group

On April 5, 2016, Gallagher acquired insurance company Capitol Benefits Group

Acquisition Highlights
  • This is Gallagher’s 183rd transaction in the Insurance sector.
  • This is Gallagher’s 188th transaction in the United States.
  • This is Gallagher’s 4th transaction in Oklahoma.

M&A Deal Summary
Date 2016-04-05
Target Capitol Benefits Group
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Capitol Benefits Group

Oklahoma City, Oklahoma, United States
Capitol Benefits Group is an employee benefits insurance broker that provides employee benefits insurance products and consulting services to small and middle-market businesses and individual clients throughout the Central United States.

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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 232 of 549
Sector (Insurance) 183 of 455
Type (Add-on Acquisition) 217 of 519
State (Oklahoma) 4 of 6
Country (United States) 188 of 411
Year (2016) 6 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-30 Joseph Distel

Farmington, Connecticut, United States

Joseph Distel & Co., Inc. is a managing general agent and wholesale insurance broker which provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services to their independent insurance agent and broker clients throughout the Northeast.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-11 Charles Allen Agency

Waite Park, Minnesota, United States

Charles Allen Agency, Inc. is a retail insurance broker that provides commercial surety bonding and insurance services to clients throughout the Midwest.

Buy -
Mergr

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