M&A Deal Summary

Gallagher Acquires Mahowald Insurance

On December 12, 2022, Gallagher acquired insurance company Mahowald Insurance

Acquisition Highlights
  • This is Gallagher’s 391st transaction in the Insurance sector.
  • This is Gallagher’s 358th transaction in the United States.
  • This is Gallagher’s 13th transaction in Minnesota.

M&A Deal Summary
Date 2022-12-12
Target Mahowald Insurance
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

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.

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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 472 of 550
Sector (Insurance) 391 of 456
Type (Add-on Acquisition) 446 of 520
State (Minnesota) 13 of 13
Country (United States) 358 of 412
Year (2022) 27 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-07 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-13 Aviation Insurance Australia

Archerfield, Australia

Aviation Insurance Australia is a retail insurance broker serving aviation and aerospace clients throughout the country. Aviation Insurance Australia was founded in 1993 and is based in Archerfield, Australia.

Buy -
Mergr

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