M&A Deal Summary

Gallagher Acquires KDC Associates

On April 18, 2016, Gallagher acquired insurance company KDC Associates

Acquisition Highlights
  • This is Gallagher’s 186th transaction in the Insurance sector.
  • This is Gallagher’s 191st transaction in the United States.
  • This is Gallagher’s 3rd transaction in Nevada.

M&A Deal Summary
Date 2016-04-18
Target KDC Associates
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

KDC Associates

Las Vegas, Nevada, United States
KDC Associates LLC is a managing general agent and program manager which provides admitted and excess and surplus, property/casualty and other specialty insurance products and services to independent retail insurance broker clients.

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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 235 of 545
Sector (Insurance) 186 of 451
Type (Add-on Acquisition) 220 of 515
State (Nevada) 3 of 5
Country (United States) 191 of 409
Year (2016) 9 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 Insurance Plans Agency

South Barrington, Illinois, United States

Insurance Plans Agency, Inc. is a retail insurance broker providing group employee benefits products and consulting services, and commercial property/casualty insurance services, to business and individual clients throughout the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Hagan Newkirk Financial Services

Little Rock, Arkansas, United States

Hagan Newkirk Financial Services is a retail insurance broker offering employee benefit consultation and insurance brokerage services for clients throughout the southern and central United States.

Buy -
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