Announced
Financials
Tags
Private
Insurance Brokers
Domestic
Friendly
Majority
Acquisition
Pending
United States
insurance broker
Single Bidder
Synopsis
Arthur J Gallagher, a US-based global insurance brokerage and risk management services firm, agreed to acquire GA Mavon & Co, a wholesale broker. Financial terms were not disclosed. "GA Mavon and Mavco Insurance Agency are well-respected businesses with a similar culture to ours that will expand our high-net-worth offerings in the Midwest region. We are very pleased to welcome Phil and his associates to our rapidly growing team," J. Patrick Gallagher, Arthur J Gallagher Chairman, President and CEO.
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