Announced
Financials
Tags
Business Process Outsourcing
United States
hr services
Pending
Majority
Private
Single Bidder
Domestic
Friendly
Business outsourcing
Acquisition
Private Equity
Synopsis
Arthur J. Gallagher, a financial services company, agreed to acquire Buck, a provider of retirement, HR and employee benefits consulting and administration services, for $660m. "Providing a comprehensive suite of products and services that allows employers to attract, engage and retain talent is at the heart of Gallagher Benefit Services' mission and our global Gallagher Better Works value proposition. Through the complementary strengths of Buck's defined benefit offerings, investment consulting, digital employee engagement platform and international footprint, the acquisition will broaden, deepen and enhance our client offerings. I look forward to welcoming the 2,300 new colleagues joining us as part of this transaction to our growing Gallagher family of professionals," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President and CEO.
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