M&A Deal Summary

Gallagher Acquires The Merriam Agency

On September 21, 2020, Gallagher acquired insurance company The Merriam Agency

Acquisition Highlights
  • This is Gallagher’s 331st transaction in the Insurance sector.
  • This is Gallagher’s 309th transaction in the United States.
  • This is Gallagher’s 17th transaction in New York.

M&A Deal Summary

Date 2020-09-21
Target The Merriam Agency
Sector Insurance
Buyer(s) Gallagher
Deal Type Add-on Acquisition

Target

The Merriam Agency

Schenectady, New York, United States
Charles W. Merriam & Son, Inc. is a full-service insurance agency with offices in upstate N.Y. (including Schenectady) and Colorado Springs, Colo. The team offers a full range of commercial, personal lines and employee benefits coverages and services, and specializes in serving nonprofit and social service clients across the United States. Charles W. Merriam & Son was founded in 1895 and is based in Schenectady, New York.

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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 398 of 569
Sector: Insurance M&A 331 of 474
Type: Add-on Acquisition M&A Deals 376 of 539
State: New York M&A 17 of 28
Country: United States M&A 309 of 423
Year: 2020 M&A 15 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-18 Erin P. Collins & Associates

Kingman, Arizona, United States

Erin P. Collins & Associates, Inc. is an employee benefit and workplace wellbeing consultant serving clients throughout the state of Arizona from offices in Kingman and Phoenix.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 Effectus Consulting Pty

Fortitude Valley, Australia

Effectus Consulting Pty Ltd. is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, culture and engagement surveys, mediation and performance management, and executive coaching services to clients throughout Australia.

Buy -