Arthur J. Gallagher & Co. Acquires Zayla Partners, LLC

Rhea-AI Summary

Arthur J. Gallagher & Co. (AJG) has acquired Zayla Partners, , a Texas-based executive compensation strategy firm. The acquisition enhances Gallagher's HR and compensation consulting capabilities, aligning with its strategic growth plans. Zayla's team, led by Chris Crawford and Ian Keas, will remain in their current Texas and Colorado locations, under the management of Steve Coco, Gallagher's Global HR & Compensation Consulting Managing Director. The financial terms of the acquisition were not disclosed.

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm with operations in approximately 130 countries.

Positive

• Acquisition of Zayla Partners, enhances Gallagher's HR and compensation consulting capabilities.
• Integration of experienced team from Zayla strengthens Gallagher's service offerings.
• Supports Gallagher's strategic growth in the executive compensation sector.

Negative

• None.

ROLLING MEADOWS, Ill., July 1, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Katy, Texas-based Zayla Partners, LLC (Zayla). Terms of the transaction were not disclosed.

Zayla is an executive compensation strategy firm that serves clients across a variety of sizes and industries. Chris Crawford, Ian Keas and their team will remain in their current locations in Texas and Colorado under the direction of Steve Coco, Global Human Resources & Compensation Consulting Managing Director for Gallagher's employee benefits consulting and brokerage operations.

"Zayla is a well-regarded firm that represents an excellent cultural fit and enhances our HR and compensation consulting capabilities," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Chris, Ian and their associates to Gallagher."

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.

Investors: Ray Iardella, VP - Investor Relations	Media: Paul Day, Communications Manager
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What company did Arthur J. Gallagher & Co. acquire?

Arthur J. Gallagher & Co. acquired Zayla Partners, , a Texas-based executive compensation strategy firm.

When did Arthur J. Gallagher & Co. announce the acquisition of Zayla Partners?

Arthur J. Gallagher & Co. announced the acquisition of Zayla Partners on July 1, 2024.

What is the significance of Gallagher acquiring Zayla Partners?

The acquisition enhances Gallagher's HR and compensation consulting capabilities, aligning with its strategic growth plans.

Who will manage the newly acquired Zayla Partners team?

The Zayla Partners team will be managed by Steve Coco, Global HR & Compensation Consulting Managing Director at Gallagher.

Where will the Zayla Partners team remain post-acquisition?

The Zayla Partners team will remain in their current locations in Texas and Colorado.