M&A Deal Summary

Gallagher Acquires Risk Management Services

On January 10, 2020, Gallagher acquired insurance company Risk Management Services

Acquisition Highlights
  • This is Gallagher’s 320th transaction in the Insurance sector.
  • This is Gallagher’s 1st transaction in Trinidad and Tobago.

M&A Deal Summary

Date 2020-01-10
Target Risk Management Services
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Risk Management Services

Scarborough, Trinidad and Tobago
Risk Management Services Ltd. provides property/casualty and employee benefits products and services to a wide range of private, public and multinational entities in the manufacturing, oil and energy, and service industries. Risk Management Services Ltd. was established in 1978 and is based in Scarborough, Trinidad and Tobago.

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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 386 of 581
Sector: Insurance M&A 320 of 483
Type: Add-on Acquisition M&A Deals 364 of 549
Country: Trinidad and Tobago M&A 1 of 2
Year: 2020 M&A 3 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 SP&G Insurance Brokers Sdn Bhd

Kuala Lumpur, Malaysia

SP&G Insurance Brokers Sdn Bhd is a multi-discipline commercial insurance broker specializing in coverages for the aviation market, as well as offering clients additional expertise and insurance solutions for property & casualty, marine, engineering, and other risks. SP&G Insurance Brokers was founded in 1974 and is based in Kuala Lumpur, Malaysia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Hanover Excess & Surplus

Wilmington, North Carolina, United States

Hanover Excess & Surplus, Inc. is a regional managing general agency offering hard-to-place coastal commercial and personal property/casualty coverages, as well as professional liability coverages, to clients across North Carolina, South Carolina, Virginia, and Georgia.

Buy -