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ROLLING MEADOWS, Ill. - Arthur J. Gallagher & Co. (NYSE:AJG) announced Thursday it has acquired Emmaus, Pennsylvania-based Equinox Agency, LLC, an employee health and benefits consulting firm serving businesses in Pennsylvania’s Lehigh Valley.
Financial terms of the transaction were not disclosed, according to the company’s press release statement.
The Equinox team, led by Thomas Groves and Dan Gagnier, will continue to operate from their current location under the direction of Scott Sherman, who heads Gallagher’s Northeast region employee benefits consulting and brokerage operations.
"Equinox has a strong reputation for client service and will expand our benefits consulting capabilities in the region," said J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Co.
The acquisition represents another step in Gallagher’s ongoing expansion of its employee benefits consulting services portfolio.
Arthur J. Gallagher & Co., headquartered in Rolling Meadows, Illinois, is a global insurance brokerage, risk management and consulting services firm. The company provides services in approximately 130 countries through its owned operations and a network of correspondent brokers and consultants.
In other recent news, Arthur J. Gallagher & Co. reported strong first-quarter 2025 earnings, showcasing a 14% increase in revenue and surpassing earnings per share (EPS) expectations with an adjusted EPS of $4.16. Despite slightly missing revenue forecasts, the company maintained its guidance for 6-8% organic growth for the full year. Additionally, Arthur J. Gallagher has expanded its market presence with the acquisition of Wilkins & Associates Insurance Services, Inc., a Nevada-based retail insurance broker. This strategic move is expected to enhance the company’s service offerings in the region. Analysts at Piper Sandler have reiterated their Overweight rating on Arthur J. Gallagher, emphasizing the pending AssuredPartners acquisition as a significant catalyst for future growth. Meanwhile, Keefe, Bruyette & Woods raised the stock’s price target to $326, citing higher anticipated 2026 acquired revenues. The firm’s management remains confident in its margin expansion prospects and continues to pursue its merger and acquisition strategy, with ongoing efforts to integrate AssuredPartners smoothly.
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