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.

Insights

Financial Services Analyst

The acquisition of Agilis Partners marks a calculated move by AJG to strengthen its position in the lucrative institutional investment consulting and retirement services sector. This strategic expansion is particularly noteworthy as it enhances AJG's footprint in three major financial hubs - Boston, New York, and Denver - providing immediate access to sophisticated institutional clients and a broader market reach.

The retention of Tom Cassara and his team under Jeff Leonard's leadership suggests a well-planned integration strategy focused on preserving Agilis's client relationships and expertise. This approach typically results in higher client retention rates and smoother transition of business operations. The integration into Gallagher's Global Financial & Retirement Services division should create immediate cross-selling opportunities across AJG's broader service portfolio.

While transaction terms remain undisclosed, the acquisition's value lies in its potential to generate stable, recurring revenue streams through long-term institutional client relationships. The deal strengthens AJG's competitive position against rivals like Marsh McLennan and Aon in the investment consulting space, particularly as institutional investors increasingly seek integrated risk management and retirement solutions.

The timing of this acquisition is strategic, considering the growing complexity of institutional investment management and the increasing demand for sophisticated risk management services. Agilis's consultative approach and growth track record suggest strong cultural alignment with AJG's client-centric business model, which typically leads to successful post-merger integration and value creation.

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.