M&A Deal Summary

Gallagher Acquires Dezelan Insurance Agency

On September 2, 2014, Gallagher acquired insurance company Dezelan Insurance Agency

Acquisition Highlights
  • This is Gallagher’s 139th transaction in the Insurance sector.
  • This is Gallagher’s 148th transaction in the United States.
  • This is Gallagher’s 4th transaction in Indiana.

M&A Deal Summary

Date 2014-09-02
Target Dezelan Insurance Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Dezelan Insurance Agency

Indianapolis, Indiana, United States
Dezelan Insurance Agency is a retail insurance broker providing property/casualty and risk management consulting services. The firm offers all lines of property/casualty insurance coverage for commercial and personal lines clients throughout the state of Indiana. It specializes in the nonprofit, governmental, charter school and real estate industries.

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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 178 of 581
Sector: Insurance M&A 139 of 483
Type: Add-on Acquisition M&A Deals 165 of 549
State: Indiana M&A 4 of 8
Country: United States M&A 148 of 431
Year: 2014 M&A 23 of 39
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-29 Baker Tilly - Employee Benefits Solutions

United Kingdom

Baker Tilly - Employee Benefits Solutions business engages in consulting firm that offers research, strategy and communication services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-09 Everett James

Ridgefield, Connecticut, United States

Everett James, Inc. is a provider of employee benefits consulting and brokerage services primarily for their large and middle-market clients in the Northeast. They specialize in group health and welfare consulting for both private and public entity organizations with an emphasis on planning, design, implementation, cost containment and plan administration services.

Buy -