M&A Deal Summary

Gallagher Acquires SP&G Insurance Brokers Sdn Bhd

On January 6, 2020, Gallagher acquired insurance company SP&G Insurance Brokers Sdn Bhd

Acquisition Highlights
  • This is Gallagher’s 319th transaction in the Insurance sector.
  • This is Gallagher’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2020-01-06
Target SP&G Insurance Brokers Sdn Bhd
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

SP&G Insurance Brokers Sdn Bhd

Kuala Lumpur, Malaysia
SP&G Insurance Brokers Sdn Bhd is a multi-discipline commercial insurance broker specializing in coverages for the aviation market, as well as offering clients additional expertise and insurance solutions for property & casualty, marine, engineering, and other risks. SP&G Insurance Brokers was founded in 1974 and is based in Kuala Lumpur, Malaysia.

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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 385 of 581
Sector: Insurance M&A 319 of 483
Type: Add-on Acquisition M&A Deals 363 of 549
Country: Malaysia M&A 1 of 1
Year: 2020 M&A 2 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-02 Walsdorf Agency

Huntington, New York, United States

Walsdorf Agency, Inc. is a commercial and personal lines insurance agency with strong real estate niche expertise and an unwavering focus on protecting and serving its clients. Walsdorf Agency, Inc. was established in 1926 and is based in Huntington, New York.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-10 Risk Management Services

Scarborough, Trinidad and Tobago

Risk Management Services Ltd. provides property/casualty and employee benefits products and services to a wide range of private, public and multinational entities in the manufacturing, oil and energy, and service industries. Risk Management Services Ltd. was established in 1978 and is based in Scarborough, Trinidad and Tobago.

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