M&A Deal Summary

Gallagher Acquires Shepard Insurance Group

On November 26, 2024, Gallagher acquired insurance company Shepard Insurance Group

Acquisition Highlights
  • This is Gallagher’s 452nd transaction in the Insurance sector.
  • This is Gallagher’s 410th transaction in the United States.
  • This is Gallagher’s 10th transaction in Connecticut.

M&A Deal Summary

Date 2024-11-26
Target Shepard Insurance Group
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Shepard Insurance Group

Old Greenwich, Connecticut, United States
Shepard Insurance Group is a retail insurance broker specializing in serving high-net-worth clients in the Northeast US and Florida. Shepard Insurance Group was formed in 1979 and is based in Old Greenwich, Connecticut.

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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 546 of 550
Sector (Insurance) 452 of 456
Type (Add-on Acquisition) 516 of 520
State (Connecticut) 10 of 10
Country (United States) 410 of 412
Year (2024) 30 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-21 THB Chile

Santiago, Chile

THB Chile is a retail insurance broker providing property/casualty, life and health benefits, and reinsurance services. THB Chile was formed in 2000 and is headquartered in Santiago, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 Hann Insurance Brokers

Lambton, Australia

Hann Insurance Brokers provides property/casualty insurance services for commercial clients throughout Australia, focusing on transport. Hann Insurance Brokers is based in Lambton, Australia.

Buy -