M&A Deal Summary

Gallagher Acquires Charles Allen Agency

On April 11, 2016, Gallagher acquired insurance company Charles Allen Agency

Acquisition Highlights
  • This is Gallagher’s 184th transaction in the Insurance sector.
  • This is Gallagher’s 189th transaction in the United States.
  • This is Gallagher’s 10th transaction in Minnesota.

M&A Deal Summary
Date 2016-04-11
Target Charles Allen Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

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.

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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 233 of 549
Sector (Insurance) 184 of 455
Type (Add-on Acquisition) 218 of 519
State (Minnesota) 10 of 13
Country (United States) 189 of 411
Year (2016) 7 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 Insurance Plans Agency

South Barrington, Illinois, United States

Insurance Plans Agency, Inc. is a retail insurance broker providing group employee benefits products and consulting services, and commercial property/casualty insurance services, to business and individual clients throughout the United States.

Buy -
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