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Gallagher, AssuredPartners
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher has agreed to acquire AssuredPartners in a $13.45 billion deal.The insurance brokerage, risk-management and consulting-services firm said Monday that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.
Gallagher acquires AssuredPartners for $13.45 billion
Under the agreement, Gallagher will acquire AssuredPartners’ parent company from GTCR and funds advised by Apax Partners LLP. The net consideration for the transaction, after accounting for a $1 billion deferred tax asset, is approximately $12.45 billion, representing an EBITDAC multiple of 11.3x after synergies.
Arthur J. Gallagher: Bolt-On Acquirer Goes Big On AssuredPartners
Arthur J. Gallagher's strong growth and acquisition strategy propel shares. But click here to read what makes AJG stock less appealing.
planadviser.com
13h
Gallagher Expands Insurance, Benefits Footprint With $13.5B Deal
Arthur J. Gallagher & Co. has signed an agreement to acquire AssuredPartners Inc., a partnership of insurance and employee ...
insurancebusinessmag
1d
Gallagher announces US$13.45 billion AssuredPartners buyout
Arthur J Gallagher & Co has signed a definitive agreement to acquire AssuredPartners, a leading US-based insurance broker, ...
bovnews
20h
The Arthur J. Gallagher & Co. Enigma: What’s Causing the Wild Swings in AJG Stock?
Arthur J. Gallagher & Co. (AJG) stock saw a decline, ending the day at $291.85 which represents a decrease of $-4.86 or -1.64% from the prior close of $296.71. The stock opened at $293 and touched a ...
1d
Gallagher to pay $13.45 billion for Florida insurance firm
The company, which has several South Florida offices, has been sold in one of the insurance brokerage industry's largest-ever ...
1h
Kathleen Gallagher: Microsoft's AI lab a powerful opportunity for building regional growth
At the lab, Microsoft’s AI experts and developers will help manufacturers and supply chain companies design and prototype AI and cloud solutions.
1d
on MSN
The Iranian axis of resistance is dying, says Palantir's Mike Gallagher
Mike Gallagher, Palantir head of defense and former U.S. Congressman (R-Wis.) joins 'Squawk Box' to discuss the collapse of ...
1d
Gallagher buys AssuredPartners for $13.45 billion
A private equity firm bought AssuredPartners in the largest deal in the history of the industry. Private equity firm GTCR ...
1d
Arthur J. Gallagher Sets $8.5 Bln Public Offering Of Shares
Arthur J. Gallagher & Co. (AJG), an insurance brokerage, risk management, and consulting firm, Monday announced public offering of ...
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