Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 5:37 PM
| This Slide: #71 of 100 |
Slide #71. Arthur J. Gallagher & Co. — Affiliated Benefit Consultants, Inc.
Acquirer:
Arthur J. Gallagher & Co. (NYSE:AJG)
Acquiree:
Affiliated Benefit Consultants, Inc.
Details:
Arthur J. Gallagher & Co. today announced the acquisition of Oakbrook, Illinois-based Affiliated Benefit Consultants, Inc. Terms of the transaction were not disclosed.
Gallagher (Arthur J.) is a holding company. Through its subsidiaries, Co. provides insurance brokerage, consulting and third party claims settlement and administration services to both domestic and international entities. Co.'s segments are: brokerage, which is primarily comprised of its retail and wholesale insurance brokerage operations; risk management, which provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure their property/casualty coverages and for underwriting enterprises that choose to outsource their property/casualty claims departments; and corporate, which manages its clean energy and other investments.
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