Add-on Acquisition • Insurance

Gallagher Acquires Dawson & Keenan Insurance

On December 3, 2024, Gallagher acquired insurance company Dawson & Keenan Insurance

Acquisition Context
  • This is Gallagher’s 454th transaction in the Insurance sector.
  • This is Gallagher’s 29th transaction in Canada.
  • This is Gallagher’s 14th transaction in Ontario.

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M&A Deal Summary

Date December 3, 2024
Target Dawson & Keenan Insurance
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target Company

Dawson & Keenan Insurance

Sault Ste. Marie, Ontario, Canada
Dawson & Keenan Insurance is a retail insurance brokerage serving personal and commercial lines and is headquartered in Sault Ste. Marie, Ontario.
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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 548 of 581
Sector: Insurance 454 of 483
Type: Add-on Acquisition 518 of 549
State: Ontario 14 of 15
Country: Canada 29 of 30
Year: 2024 32 of 39
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 Hann Insurance Brokers

Lambton, Australia

Hann Insurance Brokers provides property/casualty insurance services for commercial clients throughout Australia, focusing on transport. Hann Insurance Brokers is based in Lambton, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-09 AssuredPartners

Orlando, Florida, United States

AssuredPartners is a full-service insurance broker, offering property and casualty and employee benefits insurance products and services to middle-market businesses, public institutions, and high-net-worth individuals. AssuredPartners was founded in 2011 and is based in Orlando, Florida.

Buy $13.5B