Gallagher completes acquisition of AssuredPartners

ROLLING MEADOWS, Ill. - Arthur J. Gallagher & Co. (NYSE:AJG) announced today it has finalized its previously disclosed acquisition of AssuredPartners, a major U.S. insurance broker with operations across the United States, United Kingdom and Ireland.

The acquisition expands Gallagher’s retail middle-market property/casualty and employee benefits operations throughout the U.S. and strengthens its presence in the U.K. and Ireland.

AssuredPartners brings capabilities across commercial property/casualty, specialty, employee benefits and personal lines insurance, serving commercial clients, public entities and individuals.

"I am extremely excited to welcome our new colleagues to Gallagher," said J. Patrick Gallagher, Jr., Chairman and CEO, in a statement released by the company.

As part of the transaction, Gallagher’s Compensation Committee approved $316.15 million in equity awards to 572 former AssuredPartners employees who have joined Gallagher. The awards will be issued in Gallagher common stock, with a portion vesting immediately and the remainder vesting over the first, second, third and fifth anniversaries of the closing date.

The acquisition is expected to deepen Gallagher’s capabilities across multiple niche practice groups, including Transportation, Energy, Healthcare, Government Contractors and Public Entity sectors.

Gallagher financed the transaction with previously disclosed equity and debt financing. The company expects the deal to deliver double-digit adjusted EPS accretion including synergies, according to the press release statement.

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services firm headquartered in Illinois, with operations in approximately 130 countries.

In other recent news, Arthur J. Gallagher & Co. reported its Q2 2025 earnings, which showed a slight miss in both earnings per share (EPS) and revenue compared to forecasts. The company posted an adjusted EPS of $2.33, which fell short of the projected $2.36. Additionally, the actual revenue was $3.17 billion, below the anticipated $3.21 billion. In another development, Arthur J. Gallagher announced the acquisition of MACK Insurance Services, an Australian commercial insurance broker specializing in the agriculture sector. The financial terms of this transaction were not disclosed. These recent developments reflect ongoing changes and strategic moves by Arthur J. Gallagher in the insurance industry.

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