logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Arthur J. Gallagher & Co. Acquires Shepard Insurance Group to Expand High-Net-Worth Offerings

Nov 26, 2024about 1 year ago

Acquiring Company

Arthur J Gallagher

Acquired Company

Shepard Insurance Group

Rolling MeadowsGreenwichFinancial ServicesInsuranceFinanceInsurance

Description

Arthur J. Gallagher & Co. has announced the acquisition of Old Greenwich, Connecticut-based Shepard Insurance Group, a retail insurance broker specializing in serving high-net-worth clients in the Northeast US and Florida. This acquisition will expand the high-net-worth offerings in the Northeast under the leadership of Brendan Gallagher, head of Gallagher's Northeast region retail property/casualty brokerage operations.

Company Information

Company

Arthur J Gallagher

Location

2850 Golf Road

Rolling Meadows, Illinois, United States

About

Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed