ROLLING MEADOWS, Ill., Dec. 27, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Terms of the transaction were not disclosed.

BMR Insurance is a retail insurance agency serving commercial and personal lines clients primarily across Southern California. Gary Arch and his team will remain in their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.

ROLLING MEADOWS, Ill., Dec. 26, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Oakbrook Terrace, Illinois-based Afina Insurance Advisors Inc. (Afina Insurance). Terms of the transaction were not disclosed.

Afina Insurance is a property/casualty insurance broker serving clients in greater Chicago. George Van Denend and his team will remain in their current location under the direction of Ryan Isaacs, head of Gallagher's Midwest region retail property/casualty brokerage operations.

ROLLING MEADOWS, Ill., Dec. 19, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Portland, Oregon-based Durham & Bates Agencies, Inc. (Durham & Bates). Terms of the transaction were not disclosed.

Durham & Bates is a full-service insurance broker providing property/casualty, marine and employee benefits services to clients in the Pacific Northwest. Jeremy Andersen, Sean McCarthy, Christen Picot, Stephanie Murphy, David Hearns and their team will remain in their current location under the direction of Jim Buckley, head of Gallagher's Northwest region retail property/casualty brokerage operations, and Charlie Isaacs, head of Gallagher's West region employee benefits consulting operations.

ROLLING MEADOWS, Ill., Dec. 18, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Austin, Texas-based Howe Insurance Group LLC, dba DMc Insurance Partners. Terms of the transaction were not disclosed.

DMc Insurance Partners is a personal lines-focused insurance agency serving individuals and small business owners in Austin. John McNulty, Scott Durkin and their team will remain in their current location under the direction of Gino Bonacci, head of personal lines for Gallagher's U.S. retail property/casualty brokerage operations.

ROLLING MEADOWS, Ill., Dec. 18, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Indianapolis, Indiana-based M.J. Schuetz Insurance Services Inc. (Schuetz Insurance). Terms of the transaction were not disclosed.

Schuetz Insurance provides property/casualty, surety and bonding services throughout the Midwest with industry expertise in construction, landscaping, manufacturing and real estate. Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli, Pamela Kreeb and their team will remain in their current location under the direction of Sean Gallagher, head of Gallagher's Great Lakes region retail property/casualty brokerage operations.

ROLLING MEADOWS, Ill., Dec. 11, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher") today announced the closing of its public offering of 30,357,143 shares of its common stock at a price to the public of $280.00 per share.  In connection with the public offering, Gallagher granted the underwriters a 30-day option to purchase up to an additional 4,553,571 shares of its common stock at the same public offering price.  Morgan Stanley & Co. LLC is acting as lead active book-running manager and BofA Securities, Inc. is acting as active book-running manager for the offering.  Evercore ISI, BMO Capital Markets Corp., Goldman Sachs & Co. LLC, Barclays Capital Inc., Deutsche Bank Securities Inc., Dowling & Partners Securities, LLC, Jefferies LLC, Keefe, Bruyette & Woods, Inc., Piper Sandler & Co., Raymond James & Associates, Inc., RBC Capital Markets, LLC, TD Securities (USA) LLC, Truist Securities, Inc., UBS Securities LLC, Wells Fargo Securities, LLC, William Blair & Company, L.L.C., Nomura Securities International, Inc., and WR Securities, LLC are acting as co-managers for the offering.

ROLLING MEADOWS, Ill., Dec. 9, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher") today announced that it has priced an offering of $8.5 billion of shares of its common stock at a price to the public of $280.00 per share.  Gallagher also granted the underwriters in the offering a 30-day option to purchase up to an additional 4,553,571 shares of its common stock at the same public offering price.  Morgan Stanley & Co. LLC is acting as lead active book-running manager and BofA Securities, Inc. is acting as active book-running manager for the offering.  Evercore Group L.L.C., BMO Capital Markets Corp., Goldman Sachs & Co. LLC, Barclays Capital Inc., Deutsche Bank Securities Inc., Dowling & Partners Securities, LLC, Jefferies LLC, Keefe, Bruyette & Woods, Inc., Piper Sandler & Co., Raymond James & Associates, Inc., RBC Capital Markets, LLC, TD Securities (USA) LLC, Truist Securities, Inc., UBS Securities LLC, Wells Fargo Securities, LLC, William Blair & Company, L.L.C., Nomura Securities International, Inc., and WR Securities, LLC are acting as co-managers for the offering.

NEW YORK, Dec. 9, 2024 /PRNewswire/ -- Funds advised by Apax Partners LLP ("Apax"), a leading global private equity advisory firm, today announced that they have entered into a definitive agreement to sell their minority stake in AssuredPartners ("the Company"), a premier global insurance brokerage firm, to Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, as part of a $13.45 billion all-cash transaction. 

Founded in 2011, AssuredPartners is today one of the largest insurance brokers in the United States, with client capabilities across commercial property and casualty, specialty lines, risk management, employee benefits and personal lines.  AssuredPartners' 10,900 colleagues serve a wide range of customers through approximately 400 offices located across the U.S., the United Kingdom and Ireland. 

Sale is the Culmination of Successful 13-year Relationship Between GTCR and AssuredPartners that Began as a Leaders Strategy™ Partnership with Insurance Industry Veteran Jim Henderson

CHICAGO, Dec. 9, 2024 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to sell AssuredPartners ("Assured" or the "Company"), a leading independent insurance broker, to Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher"), a global insurance brokerage, risk management and consulting services firm for $13.45 billion in an all-cash transaction. This transaction is the largest sale of a U.S. insurance broker to a strategic acquiror in the history of the industry.

ROLLING MEADOWS, Ill., Dec. 9, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher") today announced an underwritten public offering of $8.5 billion of its common stock.  Morgan Stanley & Co. LLC is acting as lead active book-running manager and BofA Securities, Inc. is acting as active book-running manager for the offering.  Gallagher also intends to grant the underwriters a 30-day option to purchase an additional $1.275 billion of shares of common stock from Gallagher.

Gallagher intends to use the net proceeds of this offering to fund a portion of the cash consideration payable in connection with its previously announced proposed acquisition of Dolphin TopCo, Inc., the holding company of AssuredPartners, Inc. (the "Transaction") and, to the extent that any proceeds remain thereafter, or if the Transaction is not completed, for general corporate purposes including other acquisitions.  In addition to the net proceeds from this offering, Gallagher expects to use available cash and available borrowings under its Revolving Credit Facility or other borrowings to fund the purchase price for the Transaction.