Add-on Acquisition • Insurance

Gallagher Acquires Charter Lakes Marine Insurance Agency

On December 11, 2012, Gallagher acquired insurance company Charter Lakes Marine Insurance Agency

Acquisition Context
  • This is Gallagher’s 97th transaction in the Insurance sector.
  • This is Gallagher’s 109th transaction in the United States.
  • This is Gallagher’s 2nd transaction in Michigan.

Explore All 5492 Add-on Acquisition Insurance Deals - Search the Database Free


M&A Deal Summary

Date December 11, 2012
Target Charter Lakes Marine Insurance Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target Company

Charter Lakes Marine Insurance Agency

Grand Rapids, Michigan, United States
Charter Lakes Marine Insurance Agency is a retail property/casualty insurance broker, program administrator and managing general agency specializing exclusively in commercial and personal marine insurance products and services.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 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 Context for Buyer #
Overall 124 of 581
Sector: Insurance 97 of 483
Type: Add-on Acquisition 117 of 549
State: Michigan 2 of 14
Country: United States 109 of 431
Year: 2012 31 of 36
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-04 Brendis & Brendis

Omaha, Nebraska, United States

Brendis & Brendis Inc. is a provider of employee benefit program consulting services for their employer group clients throughout the Midwest.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-12 Western Benefit Solutions

Boise, Idaho, United States

Western Benefit Solutions, LLC is a provider of employee benefit insurance brokerage and consultation services with a focus on group health, life, disability, retirement planning, voluntary benefits, wellness, regulatory compliance and human resource services.

Buy -