M&A Deal Summary

Gallagher Acquires O Gorman & Young

On December 15, 2014, Gallagher acquired insurance company O Gorman & Young

Acquisition Highlights
  • This is Gallagher’s 150th transaction in the Insurance sector.
  • This is Gallagher’s 159th transaction in the United States.
  • This is Gallagher’s 10th transaction in New Jersey.

M&A Deal Summary

Date 2014-12-15
Target O Gorman & Young
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

O Gorman & Young

Chatham, New Jersey, United States
O'Gorman & Young (OGY) is a retail insurance broker providing commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to clients throughout the Eastern United States.

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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 192 of 581
Sector: Insurance M&A 150 of 483
Type: Add-on Acquisition M&A Deals 179 of 549
State: New Jersey M&A 10 of 19
Country: United States M&A 159 of 431
Year: 2014 M&A 37 of 39
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-04 Blue Holdings Pty

Brisbane, Australia

Blue Holdings Pty Ltd (Blue) is an insurance broker and risk management services firm that provides retail property/casualty and insolvency insurance products and services primarily for its middle-market clients throughout Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 Independent Benefit Services

Rockville, Maryland, United States

Independent Benefit Services, Inc. is a provider of employee benefits, human resources and retirement plan consultation and brokerage services for middle-market clients in the mid-Atlantic region.

Buy -