Acquiring Company
Arthur J. Gallagher & Co.
Acquired Company
MGB Re
Rolling Meadows
TorontoFinancial ServicesFinanceEmployee BenefitsConsultingRisk ManagementInsuranceDescription
Arthur J. Gallagher & Co.'s reinsurance division, Gallagher Re, has acquired Toronto, Ontario-based MGB Re. The acquisition is expected to accelerate the growth of Arthur J. Gallagher & Co.'s medical reinsurance business and broaden its service offerings.
Quick answer
Arthur J. Gallagher & Co. is acquiring MGB Re, announced January 16, 2024. Arthur J. Gallagher & Co. is based in Rolling Meadows, Illinois, United States.
- How much did Arthur J. Gallagher & Co. pay for MGB Re?
- The deal value was not disclosed.
- What does Arthur J. Gallagher & Co. do?
- Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.
- Where are Arthur J. Gallagher & Co. and MGB Re based?
- Arthur J. Gallagher & Co. is based in Rolling Meadows, Illinois, United States. MGB Re is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Arthur J. Gallagher & Co?
- Fundz holds 5 contacts at Arthur J. Gallagher & Co. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Amwins to Acquire Connected Risk Solutions, LLC from BRP Group, Inc. (March 1, 2024)
- Pacific Prime Acquires MIT Insurance Brokers Sdn Bhd (February 7, 2024)
- Arthur J. Gallagher & Co. Acquires The John Galt Insurance Agency (February 5, 2024)
- Arthur J. Gallagher & Co. Acquires Horak Insurance, Inc. (January 30, 2024)
- Arthur J. Gallagher & Co. Acquires The Rowley Agency, LLC (January 18, 2024)
- Arthur J. Gallagher & Co. Acquires Mcmm Services Limited (January 11, 2024)
Who to call at Arthur J. Gallagher & Co., and when
When Arthur J. Gallagher & Co. changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Arthur J. Gallagher & Co. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Arthur J. Gallagher & Co., from your own LinkedIn network
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Frequently asked
Who acquired MGB Re?
MGB Re was acquired by Arthur J. Gallagher & Co., based in Rolling Meadows. The deal was reported on January 16, 2024. Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Arthur J. Gallagher & Co. is publicly traded (AJG) and operates in Financial Services.
When did Arthur J. Gallagher & Co. acquire MGB Re?
Arthur J. Gallagher & Co.'s acquisition of MGB Re was reported on January 16, 2024. Arthur J. Gallagher & Co.'s reinsurance division, Gallagher Re, has acquired Toronto, Ontario-based MGB Re. The acquisition is expected to accelerate the growth of Arthur J. Gallagher & Co.'s medical reinsurance business and broaden its service offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MGB Re do?
MGB Re provides innovative solutions for risk management, cost management, and distribution initiatives to meet the needs of Insurance Companies, HMOs, MGUs, and Reinsurance Companies. It is privately held, and is based in Toronto.
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