Acquiring Company
Arthur J Gallagher
Acquired Company
John Galt Insurance Agency
Rolling MeadowsFort LauderdaleFinancial ServicesInsuranceFinanceInsuranceDescription
Arthur J. Gallagher & Co. has completed the acquisition of Fort Lauderdale, Florida-based John Galt Commercial Insurance Agency, LLC and John Galt Insurance Agency, Inc., collectively known as The John Galt Insurance Agency. This acquisition enhances Gallagher's capabilities in the condominium and association entity real estate niche in Florida, and the John Galt team will continue to operate under the direction of Bumpy Triche, head of Gallagher's Southeast retail property/casualty brokerage operations.
M&A Insights
Based on deal dataIntegration 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