Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Private
Majority
property & casualty insurance
Friendly
Property and Casualty Insurance
United States
Completed
Synopsis
Arthur J. Gallagher, a global insurance brokerage, risk management and consulting services firm, completed the acquisition of McConnell, Manit & Trout Insurance Services, a full-service property/casualty broker with a focus on serving the building materials, energy, waste, construction and transportation industries. Financial terms were not disclosed. "MMT will deepen our expertise in several key industries and brings us significant growth opportunities. The team is also a great cultural fit. I am delighted to welcome Rick, Mike, Doug and their associates to our growing global enterprise," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President and CEO.
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