Arthur J. Gallagher Completes Acquisition of US Insurance Broker Assured Partners for $13.5B

Arthur J. Gallagher & Co. announced it has closed the previously announced acquisition of U.S. insurance broker AssuredPartners, further expanding its retail middle-market property/casualty and employee benefits focus across the U.S.

Gallagher announced in December that it had agreed to acquire Orlando, Florida-based AssuredPartners for $13.45 billion in cash. AssuredPartners’ 10,900 employees will become Gallagher employees. Gallagher said the deal’s net consideration is about $12.45 billion after a deferred tax asset.

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