Arthur J. Gallagher & Co. Acquires Agilis Partners LLC

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Agilis Partners , a Waltham, Massachusetts-based investment and retirement plan consulting firm. Agilis specializes in providing institutional clients with tailored risk management services through offices in greater Boston, New York, and Denver.

The acquisition will strengthen Gallagher's retirement plan and investment consulting capabilities. Tom Cassara and his team will continue operating from their current locations under Jeff Leonard, Gallagher's Global Financial & Retirement Services Business leader. Financial terms of the transaction were not disclosed.

Gallagher, a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois, operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.

Positive

• Expansion of retirement plan and investment consulting capabilities
• Geographic expansion with offices in Boston, New York, and Denver
• Retention of existing Agilis team and leadership
• Strategic enhancement of institutional client services

Negative

• None.

News Market Reaction – AJG

+1.49%

1 alert

+1.49% News Effect

On the day this news was published, AJG gained 1.49%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ROLLING MEADOWS, Ill., Feb. 18, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Waltham, Massachusetts-based Agilis Partners LLC (Agilis). Terms of the transaction were not disclosed.

Agilis is an investment and retirement plan consulting firm that offers its institutional clients tailored risk management services with offices in greater Boston, New York and Denver. Tom Cassara and his team will remain in their current locations under the direction of Jeff Leonard, Gallagher's Global Financial & Retirement Services Business leader.

"Agilis's strong record of growth, client-focused culture and consultative approach to solving problems will enhance our retirement plan and investment consulting capabilities," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Tom and his 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, Senior Media Relations 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 is the strategic importance of AJG's acquisition of Agilis Partners?

The acquisition enhances AJG's retirement plan and investment consulting capabilities, adding Agilis's expertise in institutional client risk management services and expanding presence in Boston, New York, and Denver markets.

Where will Agilis Partners operate under AJG's ownership?

Agilis Partners will maintain operations in their current locations across greater Boston, New York, and Denver, operating under Jeff Leonard, Gallagher's Global Financial & Retirement Services Business leader.

What services does Agilis Partners bring to AJG's portfolio?

Agilis Partners brings investment and retirement plan consulting services, specializing in tailored risk management services for institutional clients.

Who will lead the Agilis Partners team after the AJG acquisition?

Tom Cassara and his team will continue to lead Agilis Partners' operations, reporting to Jeff Leonard, Gallagher's Global Financial & Retirement Services Business leader.