Add-on Acquisition • Insurance

Gallagher Acquires Global Financial Brokers

On December 7, 2022, Gallagher acquired insurance company Global Financial Brokers

Acquisition Context
  • This is Gallagher’s 390th transaction in the Insurance sector.
  • This is Gallagher’s 2nd transaction in Trinidad and Tobago.

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M&A Deal Summary

Date December 7, 2022
Target Global Financial Brokers
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target Company

Global Financial Brokers

Port of Spain, Trinidad and Tobago
Global Financial Brokers is a retail insurance broker offering group health, life, pension and wellness solutions for clients. Global Financial Brokers was founded in 1995 and is based in Port of Spain, Trinidad and Tobago.
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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 471 of 581
Sector: Insurance 390 of 483
Type: Add-on Acquisition 445 of 549
Country: Trinidad and Tobago 2 of 2
Year: 2022 26 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 Bulen & Associates Insurance Services

Murrieta, California, United States

Bulen & Associates Insurance Services is a retail property/casualty insurance agency serving commercial clients and individuals in southern California. Bulen & Associates Insurance Services was founded in 1929 and is based in Murrieta, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 Mahowald Insurance

St. Cloud, Minnesota, United States

Mahowald Insurance is a retail insurance agency offering commercial and personal products, employee benefit packages and risk management services for clients across the Midwest. Mahowald Insurance was founded in 1930 and is based in St. Cloud, Minnesota.

Buy -