Arthur J. Gallagher & Co. Acquires Agilis Partners LLC
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Agilis Partners , a Waltham, Massachusetts-based investment and retirement plan consulting firm.
Sentiment and the balance of points
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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.
Details
News Market Reaction – AJG
The recorded move for AJG in the trading session of this news was +1.49%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Agilis is an investment and retirement plan consulting firm that offers its institutional clients tailored risk management services with offices in greater
"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
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.
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