Arthur J. Gallagher & Co. Acquires Dion Leadership, Inc.
Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Dion Leadership, Inc., a Novi, Michigan-based company specializing in leadership coaching, management training programs, talent assessment, and organizational development consulting services.
The acquisition will strengthen AJG's executive consulting capabilities, with Dion Leadership's team continuing operations from their current location under Steve Coco, Global Managing Director of Gallagher's Talent Consulting operations. Steve Dion and his team will be retained, maintaining continuity in client relationships. Financial terms of the transaction were not disclosed.
Positive
- Strategic expansion of executive consulting capabilities through acquisition
- Retention of existing Dion Leadership team ensures continuity of client relationships
- Complementary addition to Gallagher's global consulting services portfolio
Negative
- Financial terms not disclosed, making impact assessment difficult
Dion Leadership provides leadership coaching, management training programs, talent assessment and organizational development consulting services to clients in a variety of industries. Steve Dion and his team will remain in their current location under the direction of Steve Coco, Global Managing Director of Gallagher's Talent Consulting operations.
"Dion Leadership's strong client relationships and expertise in leadership and organizational development solutions will expand our capabilities in the executive consulting space," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Steve 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.