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.
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