M&A Deal Summary

Gallagher Acquires Morgan Trevathan & Gunn

On September 12, 2023, Gallagher acquired insurance company Morgan Trevathan & Gunn

Acquisition Highlights
  • This is Gallagher’s 418th transaction in the Insurance sector.
  • This is Gallagher’s 379th transaction in the United States.
  • This is Gallagher’s 2nd transaction in Kentucky.

M&A Deal Summary

Date 2023-09-12
Target Morgan Trevathan & Gunn
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Morgan Trevathan & Gunn

Benton, Kentucky, United States
Morgan, Trevathan & Gunn is a retail insurance broker specializing in the trucking industry. MTG was founded in 1934 and is based in Benton, Kentucky.

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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 503 of 549
Sector (Insurance) 418 of 455
Type (Add-on Acquisition) 477 of 519
State (Kentucky) 2 of 2
Country (United States) 379 of 411
Year (2023) 25 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-11 Southern Insurance Group

Columbia, Mississippi, United States

Southern Insurance Group provides commercial and personal property/casualty insurance coverages to clients in Mississippi and the Southeast US. Southern Insurance Group is based in Columbia, Mississippi.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-19 Eastern Insurance Group

Natick, Massachusetts, United States

Eastern Insurance Group is a provider of various insurance services and products. It offers construction insurance, surety bonds, small business insurance, lumber industry insurance, employee benefits. Eastern Insurance Group was founded in 1989 and is based in Natick, Massachusetts.

Buy $510M