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Announced

Completed

Arthur J. Gallagher completed its acquisition of Horseshoe Insurance Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

insurance services

diversified insurance

Acquisition

Insurance Brokers

United States

Friendly

full line insurance

Private

Majority

Single Bidder

Synopsis

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Arthur J. Gallagher, an insurance broker, completed its acquisition of Horseshoe Insurance Services Holdings, a provider of full-line insurance service. Financial terms were not disclosed. "We are excited to join forces with Artex and Gallagher. Being part of a larger organization will give us the opportunity to access worldwide resources and accelerate the development of bespoke solutions and products for ILS," Andre Perez, Horseshoe CEO.

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