M&A Deal Summary

Gallagher Acquires Real Estate Insurance Solutions

On November 23, 2021, Gallagher acquired real estate company Real Estate Insurance Solutions

Acquisition Highlights
  • This is Gallagher’s 1st transaction in the Real Estate sector.
  • This is Gallagher’s 335th transaction in the United States.
  • This is Gallagher’s 5th transaction in Utah.

M&A Deal Summary

Date 2021-11-23
Target Real Estate Insurance Solutions
Sector Real Estate
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Real Estate Insurance Solutions

Park City, Utah, United States
Real Estate Insurance Solutions provides real estate errors & omissions insurance/cyber liability to commercial and residential real estate agents and brokers, business brokers, appraisers, home inspectors, title insurance agents, mortgage brokers, leasing agents and property managers in 32 states. Real Estate Insurance Solutions was founded in 2004 and is based in Park 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 439 of 545
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 414 of 515
State (Utah) 5 of 6
Country (United States) 335 of 409
Year (2021) 31 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Mark J. Becker & Associates

Johnston, Iowa, United States

Mark J. Becker & Associates is an employee benefit consulting firm with a focus on serving the public sector, social services, medical community, secondary and higher education industry, and small group businesses. The team designs and manages traditional employee benefits programs and offers strategic planning, risk analysis, and funding tool management services. Mark J. Becker & Associates was founded in 2011 and is based in Johnston, Iowa.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Sound Insurance

Caulfield , Australia

Sound Insurance is a retail property/casualty broker serving small and mid-market corporate clients in the Melbourne Central Business District and Victoria from its primary office in Caulfield and a smaller office in the Docklands. Sound Insurance was founded in 2011 and is based in Caulfield, Australia.

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