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New Deal


Announced

Arthur J Gallagher to acquire GA Mavon & Co.

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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Private

Insurance Brokers

Domestic

Friendly

Majority

Acquisition

Pending

United States

insurance broker

Single Bidder

Synopsis

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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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