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Announced

Completed

Arthur J. Gallagher & Co completed the acquisition of SeaCoast Underwriters.

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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Friendly

Private

Acquisition

Majority

United States

Completed

managing general agency

Asset Managers and Custodians

Single Bidder

Domestic

Synopsis

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Arthur J. Gallagher & Co, an American global insurance brokerage and risk management services firm, completed the acquisition of SeaCoast Underwriters, a wholesale specialist that serves as a managing general agency. Financial terms were not disclosed. "SeaCoast Underwriters has a strong team of dedicated underwriting professionals who will bring additional products and programs to RPS's retail agent and broker clients. We are very pleased to welcome Shawn and his associates to our growing global team," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President and CEO.

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