Investment Summary

Gallagher Invests In CGM Group

On December 14, 2007, Gallagher invested in insurance company CGM Group

Investment Highlights
  • This is Gallagher’s 40th transaction in the Insurance sector.
  • This is Gallagher’s 1st transaction in Jamaica.

Investment Summary

Date 2007-12-14
Target CGM Group
Sector Insurance
Investor(s) Gallagher
Deal Type Stake Purchase

Target

CGM Group

Kingston, Jamaica
CGM Group Ltd (CGM) is an insurance intermediary and risk management company that provides property, casualty, health, risk management, reinsurance and modeling services to clients throughout the Caribbean.

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Investor(S) 1

Investor

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 51 of 581
Sector: Insurance M&A 40 of 483
Type: Stake Purchase M&A Deals 1 of 10
Country: Jamaica M&A 1 of 1
Year: 2007 M&A 22 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-13 Intermountain Financial Benefits

Salt Lake City, Utah, United States

Intermountain Financial Benefits (IFB) is an employee benefits insurance broker offering a broad range of employee benefits insurance and consulting services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-19 Koster Insurance Agency

Quincy, Massachusetts, United States

Koster Insurance Agency, Inc. is an insurance and risk management agency that develops and administers student health, sports accident and special risk insurance programs for colleges, universities and secondary schools throughout the United States.

Buy -