M&A Deal Summary

Gallagher Acquires Spanjers Insurance Agency

On July 16, 2007, Gallagher acquired insurance company Spanjers Insurance Agency

Acquisition Highlights
  • This is Gallagher’s 34th transaction in the Insurance sector.
  • This is Gallagher’s 40th transaction in the United States.
  • This is Gallagher’s 4th transaction in Minnesota.

M&A Deal Summary
Date 2007-07-16
Target Spanjers Insurance Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

Spanjers Insurance Agency

Mendota Heights, Minnesota, United States
Spanjers Insurance Agency, Inc. is a retail insurance broker offering risk management, commercial property/casualty and employee benefits insurance services to their Midwestern client base.

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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 42 of 545
Sector (Insurance) 34 of 451
Type (Add-on Acquisition) 42 of 515
State (Minnesota) 4 of 13
Country (United States) 40 of 409
Year (2007) 13 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-28 Carpenter Cammack & Associates

Charlotte, North Carolina, United States

Carpenter, Cammack & Associates, Inc. is a full service insurance agency offering commercial property/casualty and risk management insurance services to their clients in the southeastern United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Strategic Health Plans

Carmel, Indiana, United States

Strategic Health Plans Corporation is a provider of employee benefit consultation and brokerage services which include benefit planning design, report analysis, legislative compliance assistance and employee communication strategies to their clients in the Midwest.

Buy -
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