M&A Deal Summary

Gallagher Acquires Robert A. Schneider Agency

On December 10, 2007, Gallagher acquired insurance company Robert A. Schneider Agency

Acquisition Highlights
  • This is Gallagher’s 38th transaction in the Insurance sector.
  • This is Gallagher’s 47th transaction in the United States.
  • This is Gallagher’s 5th transaction in Minnesota.

M&A Deal Summary
Date 2007-12-10
Target Robert A. Schneider Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Robert A. Schneider Agency

Minnetonka, Minnesota, United States
Robert A. Schneider Agency, Inc. (RAS) is a managing general agent and wholesale insurance broker which provide excess and surplus, property/casualty, professional business liability and other specialty insurance products and services for independent insurance agents and brokers primarily throughout the northern Midwest.

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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 49 of 544
Sector (Insurance) 38 of 450
Type (Add-on Acquisition) 49 of 515
State (Minnesota) 5 of 13
Country (United States) 47 of 409
Year (2007) 20 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-07 Powell Insurance Agency

Metairie, Louisiana, United States

Powell Insurance Agency, Inc. is a provider of management, property, casualty and employee benefit insurance services for their commercial and personal lines clients in the Gulf States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-13 Intermountain Financial Benefits

Salt Lake City, Utah, United States

Intermountain Financial Benefits (IFB) is an employee benefits insurance broker offering a broad range of employee benefits insurance and consulting services.

Buy -
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