Add-on Acquisition • Insurance

Gallagher Acquires Schiff Kreidler-Shell Insurance and Risk Services

On May 2, 2012, Gallagher acquired insurance company Schiff Kreidler-Shell Insurance and Risk Services

Acquisition Context
  • This is Gallagher’s 82nd transaction in the Insurance sector.
  • This is Gallagher’s 92nd transaction in the United States.
  • This is Gallagher’s 3rd transaction in Ohio.

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M&A Deal Summary

Date May 2, 2012
Target Schiff Kreidler-Shell Insurance and Risk Services
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target Company

Schiff Kreidler-Shell Insurance and Risk Services

Cincinnati, Ohio, United States
Schiff, Kreidler-Shell Insurance and Risk Services (SKS) is a retail insurance broker providing property/casualty, employee benefits and risk management insurance and consulting services to their clients throughout the central United States.
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Buyer Overview 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 Context for Buyer #
Overall 103 of 581
Sector: Insurance 82 of 483
Type: Add-on Acquisition 98 of 549
State: Ohio 3 of 13
Country: United States 92 of 431
Year: 2012 10 of 36
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-10 Besselman & Little Agency

Baton Rouge, Louisiana, United States

Besselman & Little Agency is a provider of employee benefit consultation and insurance brokerage services for their corporate, executive and individual clients throughout the southern United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-08 Insurance Dialogue

Bournemouth, United Kingdom

Insure4Retirement is a retail insurance broker providing personal lines insurance for their clients primarily in the U.K. that are over 50 years of age. IDL specializes in a full spectrum of personal insurance coverage within the homeowner and automobile markets.

Buy -