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New Deal


Announced

Completed

Arthur J. Gallagher-backed Risk Placement Services completed the acquisition of Remco Insurance Agencies.

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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Insurance Brokers

Domestic

United States

insurance agency

Acquisition

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Arthur J. Gallagher-backed Risk Placement Services, an insurance company, completed the acquisition of Remco Insurance Agencies, a full-service insurance agency. Financial terms were not disclosed. "Remco brings us strong market expertise and complements our existing footprint in Texas. I am delighted to welcome the Remco team to our growing, global company," J. Patrick Gallagher, Jr., Arthur J. Gallagher & Co. Chairman, President and CEO.

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