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Announced

Completed

Arthur J. Gallagher completed the acquisition of Benchmark Commercial Insurance Services.

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 agency

United States

Insurance Brokers

Domestic

Majority

Friendly

Acquisition

Private

Single Bidder

Completed

Synopsis

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Arthur J. Gallagher, a global insurance brokerage, risk management and consulting services firm, completed the acquisition of Benchmark Commercial Insurance Services, a retail insurance agency. Financial terms were not disclosed. "Benchmark is a well-regarded, client-focused agency that enhances our growth opportunities in Southern California. I am very pleased to welcome Robert and his associates to our growing, global team," J. Patrick Gallagher, Arthur J. Gallagher & Co, Chairman, President and CEO.

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