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New Deal


Announced

Arthur J. Gallagher to acquire Garner & Glover Company.

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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Majority

insurance provider

Domestic

Single Bidder

United States

Full Line Insurance

Acquisition

Friendly

Pending

Private

Synopsis

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Arthur J. Gallagher, a global insurance brokerage, risk management and consulting services firm, agreed to acquire Garner & Glover Company, an independent agency offering a full array of business and personal property/casualty, life and benefits products. Financial terms were not disclosed. "Garner & Glover brings to Gallagher a strong and talented leadership, service and production team in an attractive and growing region of the US. We are delighted to welcome Matt, Chuck and their associates to our growing, global team," J. Patrick Gallagher, Chairman, President and CEO.

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