M&A Deal Summary

Gallagher Acquires Reynolds & Rodar Insurance Group

On October 16, 2017, Gallagher acquired insurance company Reynolds & Rodar Insurance Group

Acquisition Highlights
  • This is Gallagher’s 230th transaction in the Insurance sector.
  • This is Gallagher’s 228th transaction in the United States.
  • This is Gallagher’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2017-10-16
Target Reynolds & Rodar Insurance Group
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Reynolds & Rodar Insurance Group

Santa Fe, New Mexico, United States
Reynolds & Rodar Insurance Group, Inc. is a provider of commercial property/casualty and employee benefits coverages and services, and high-net-worth personal lines coverages, to clients in New Mexico and throughout the southwestern United States.

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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 282 of 549
Sector (Insurance) 230 of 455
Type (Add-on Acquisition) 267 of 519
State (New Mexico) 1 of 1
Country (United States) 228 of 411
Year (2017) 29 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 DiBrina Group

Sudbury, Ontario, Canada

DiBrina Group is a provider of human resources, employee benefits, wealth management and life insurance consulting and brokerage services. DiBrina Group was established in 1989 and is based in Sudbury, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-06 Smart Business Savings

Cheswick, Pennsylvania, United States

Smart Business Savings LLC is a similar business with a strong foundation of members and a white label program, Business Advantage Plus™, for larger clients looking to offer discounts to their business customers.

Buy -
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