M&A Deal Summary

Gallagher Acquires Proinova AB

On October 14, 2019, Gallagher acquired insurance company Proinova AB

Acquisition Highlights
  • This is Gallagher’s 316th transaction in the Insurance sector.
  • This is Gallagher’s 3rd transaction in Sweden.

M&A Deal Summary

Date 2019-10-14
Target Proinova AB
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Proinova AB

Helsingborg, Sweden
Proinova AB is an insurance broker specializes in delivering group solutions for the real estate sector, offering insurance, loss prevention training and claims advocacy services for trade association members. Proinova AB was founded in 1989 and is based in Helsingborg, Sweden.

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Buyer(S) 1

Buyer

Gallagher

Rolling Meadows, Illinois, United States

Category Company
Founded 1927
Sector Insurance
Employees56,000
Revenue 11.6B USD (2024)
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 380 of 581
Sector: Insurance M&A 316 of 483
Type: Add-on Acquisition M&A Deals 358 of 549
Country: Sweden M&A 3 of 3
Year: 2019 M&A 44 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-10 Direct To PolicyHolder

Gahanna, Ohio, United States

The Doyle Group, Inc. is an e-commerce affinity platform focused on the efficient acquisition, conversion and retention of professional liability (E&O) insurance policyholders in the allied healthcare and wellness fields. The Doyle Group was founded in 2010 and is based in Gahanna, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-06 BonusDrive

Austin, Texas, United States

The EHE Group LLC provides a national automobile voluntary benefits program to channel partners such as employers, associations and insurance companies for their employees, members, and policyholders. The EHE Group LLC was founded in 2016 and is based in Austin, Texas.

Buy -