M&A Deal Summary

Gallagher Acquires FarmPLUS Insurance Services

On February 1, 2024, Gallagher acquired insurance company FarmPLUS Insurance Services

Acquisition Highlights
  • This is Gallagher’s 437th transaction in the Insurance sector.
  • This is Gallagher’s 394th transaction in the United States.
  • This is Gallagher’s 5th transaction in Virginia.

M&A Deal Summary

Date 2024-02-01
Target FarmPLUS Insurance Services
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

FarmPLUS Insurance Services

Blairs, Virginia, United States
FarmPLUS Insurance Services is a retail agency providing agricultural and crop insurance coverages in Virginia, North Carolina, and South Carolina.

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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 523 of 549
Sector (Insurance) 437 of 455
Type (Add-on Acquisition) 494 of 519
State (Virginia) 5 of 5
Country (United States) 394 of 411
Year (2024) 7 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 Ericson Insurance Advisors

Washington Depot, Connecticut, United States

Ericson Insurance Advisors is a personal lines-focused insurance broker serving high-net-worth clients nationwide. Ericson Insurance Advisors is based in Washington Depot, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 John Galt Insurance

Fort Lauderdale, Florida, United States

John Galt Insurance provides full-service property/casualty insurance coverages with expertise in commercial and multi-family real estate across Florida. John Galt Insurance is based in Fort Lauderdale, Florida.

Buy -