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New Deal


Announced

Arthur J. Gallagher & Co to acquire BonusDrive.

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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Acquisition

Single Bidder

Pending

United States

Private

Auto Services

Majority

automobile voluntary benefit programs

Friendly

Synopsis

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Arthur J. Gallagher & Co, a US-based global insurance brokerage and risk management services firm, agreed to acquire BonusDrive, which offers a national automobile voluntary benefit program to channel partners such as employers, associations and insurance companies. Financial terms were not disclosed. "BonusDrive is an attractive strategic addition to Gallagher's existing voluntary benefit offerings," J. Patrick Gallagher, Arthur J. Gallagher & Co Chairman, President and CEO.

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