Investment Summary

Gallagher Invests In Noraxis Capital

On May 19, 2014, Gallagher invested in insurance company Noraxis Capital

Investment Highlights
  • This is Gallagher’s 132nd transaction in the Insurance sector.
  • This is Gallagher’s 4th transaction in Canada.
  • This is Gallagher’s 3rd transaction in Ontario.

Investment Summary

Date 2014-05-19
Target Noraxis Capital
Sector Insurance
Investor(s) Gallagher
Deal Type Stake Purchase

Target

Noraxis Capital

Toronto, Ontario, Canada
Noraxis Capital is an Canadian insurance broker that provides retail commercial, personal and employee benefits insurance products and services.

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Investor(S) 1

Investor

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 168 of 550
Sector (Insurance) 132 of 456
Type (Stake Purchase) 7 of 10
State (Ontario) 3 of 14
Country (Canada) 4 of 29
Year (2014) 13 of 39
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-09 Sunderland Insurance Services

Walnut Creek,, California, United States

Sunderland Insurance Services, Inc. (Sunderland) is a managing general underwriter that provides excess and surplus hired and non-owned auto, liability and umbrella insurance products and services to their wholesale broker clients throughout the United States. They will continue to use their current wholesale distribution system.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-27 MGA Insurance Group

Lakewood Ranch, Florida, United States

MGA Insurance Group (MGA) is a national program administrator that provides affinity and association program products and services for independent insurance and financial service contractors throughout the United States. It specializes in developing coverage programs for these contractors including professional liability and other affinity products such as life, ancillary health, business service discounts and training.

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