M&A Deal Summary

Gallagher Acquires Leavitt Insurance Services

On May 4, 2023, Gallagher acquired insurance company Leavitt Insurance Services

Acquisition Highlights
  • This is Gallagher’s 408th transaction in the Insurance sector.
  • This is Gallagher’s 371st transaction in the United States.
  • This is Gallagher’s 6th transaction in Utah.

M&A Deal Summary

Date 2023-05-04
Target Leavitt Insurance Services
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Leavitt Insurance Services

Cedar City, Utah, United States
Leavitt Insurance Services offers commercial property/casualty insurance as well as employee benefits consulting to clients in the Southwest US. Leavitt Insurance Services is based in Cedar City, Utah.

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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 492 of 545
Sector (Insurance) 408 of 451
Type (Add-on Acquisition) 466 of 515
State (Utah) 6 of 6
Country (United States) 371 of 409
Year (2023) 14 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Accurart

Zürich, Switzerland

Accurart is a specialist fine arts insurance broker for private collections, museums, galleries and fine arts exhibitions, as well as offering services for jewelry, wine collections and musical instruments. Accurart is based in Zürich, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-15 Mavco

West Perth, Australia

Mavco is a general insurance broker and risk management firm serving corporate clients throughout Australia and internationally. Mavco's areas of expertise include construction, health, engineering, mining and financial services. Mavco was founded in 2016 and is based in West Perth, Australia.

Buy -