M&A Deal Summary

Gallagher Acquires GPL Assurance

On August 3, 2017, Gallagher acquired insurance company GPL Assurance

Acquisition Highlights
  • This is Gallagher’s 222nd transaction in the Insurance sector.
  • This is Gallagher’s 12th transaction in Canada.
  • This is Gallagher’s 1st transaction in Quebec.

M&A Deal Summary
Date 2017-08-03
Target GPL Assurance
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

GPL Assurance

Montreal, Quebec, Canada
GPL Assurance, Inc. is a retail insurance broker offering commercial property/casualty services to large corporations, middle-market and small business clients, as well as personal lines solutions for individuals, across the province of Quebec. GPL specializes in developing tailored risk management and insurance programs for the construction, knowledge-economy and commercial/SME sectors.

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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 274 of 553
Sector (Insurance) 222 of 459
Type (Add-on Acquisition) 259 of 523
State (Quebec) 1 of 3
Country (Canada) 12 of 29
Year (2017) 21 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 Total Reward Group

Kent, United Kingdom

Total Reward Group is a UK consultancy offering remuneration support, executive search, interim placement and corporate training for reward professionals throughout the world. Total Reward was founded in 2005 and is based in Kent, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-17 Ballard Benefit Works

Howell, Michigan, United States

Ballard Benefit Works, Inc. is a provider of employee benefit and healthcare finance brokerage and consulting services to public, private and not-for-profit clients primarily throughout Michigan, Washington, D.C. and Florida. Ballard Benefit Works, Inc. was established in 2009 and is based in Howell, Michigan.

Buy -
Mergr

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