Arthur J. Gallagher & Co. Acquires Adept Benefits, LLC

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Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Adept Benefits, a health and benefits consulting firm based in Snoqualmie, Washington. The acquired company serves clients in the greater Seattle area and will strengthen Gallagher's benefits consulting presence in the Pacific Northwest.

Under the agreement, Megan Narrance and her team will continue operating from their current location, reporting to Charlie Isaacs, who leads Gallagher's West region employee benefits consulting operations. The financial terms of the transaction were not disclosed.

Gallagher, headquartered in Rolling Meadows, Illinois, operates as a global insurance brokerage, risk management, and consulting services firm, with operations in approximately 130 countries worldwide.

ROLLING MEADOWS, Ill., Oct. 29, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Snoqualmie, Washington-based Adept Benefits, LLC. Terms of the transaction were not disclosed.

Adept Benefits is a health and benefits consulting firm serving clients in the greater Seattle area. Megan Narrance and her team will remain in their current location under the direction of Charlie Isaacs, head of Gallagher's West region employee benefits consulting operations.

"Adept Benefits has a strong record of growth and will expand our benefits consulting capabilities in the Pacific Northwest," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Megan and the Adept team 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 (AJG) acquire in October 2024?

Arthur J. Gallagher acquired Adept Benefits, a health and benefits consulting firm based in Snoqualmie, Washington.

Where will Adept Benefits operate following the AJG acquisition?

Adept Benefits will continue to operate from their current location in Snoqualmie, Washington, under the direction of Charlie Isaacs, head of Gallagher's West region employee benefits consulting operations.

How will the Adept Benefits acquisition benefit AJG?

The acquisition will expand Gallagher's benefits consulting capabilities in the Pacific Northwest region, building on Adept Benefits' strong record of growth.

What is the geographic reach of Arthur J. Gallagher (AJG) after the Adept Benefits acquisition?

Arthur J. Gallagher operates in approximately 130 countries worldwide through owned operations and a network of correspondent brokers and consultants.