Arthur J. Gallagher & Co. Acquires First Ireland Risk Management Limited
Jan 17, 2023•almost 3 years ago
Acquiring Company
Arthur J Gallagher
Acquired Company
First Risk Management Limited
Description
Arthur J. Gallagher & Co. today announced the acquisition of Dublin, Ireland-based First Ireland Risk Management Limited ("First Ireland"). Terms of the transaction were not disclosed.
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