Arthur J. Gallagher & Co. Acquires Imbs Holdings, Inc.

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Imbs Holdings, Inc., a St. Louis-based retail insurance broker serving commercial and personal lines clients across the US. While financial terms remain undisclosed, the strategic move aims to strengthen Gallagher's retail brokerage capabilities in the South Central region.

Chris Imbs and his team will continue operations under Bret VanderVoort, who heads Gallagher's South Central retail property/casualty brokerage operations. The acquisition leverages Imbs team's market expertise and client relationships to enhance Gallagher's regional presence.

Gallagher operates as a global insurance brokerage, risk management and consulting services firm, maintaining operations in approximately 130 countries through owned operations and correspondent networks.

Positive

• Strategic expansion of retail brokerage capabilities in South Central region
• Acquisition adds established client relationships and market expertise
• Geographic expansion in the St. Louis market

Negative

• None.

ROLLING MEADOWS, Ill., April 2, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of St. Louis, Missouri-based Imbs Holdings, Inc. Terms of the transaction were not disclosed.

Imbs Holdings is a retail insurance broker serving commercial and personal lines clients across the US. Chris Imbs and his team will operate under the direction of Bret VanderVoort, head of Gallagher's South Central retail property/casualty brokerage operations.

"The Imbs team's market expertise and outstanding client relationships will enhance our retail brokerage capabilities in the region," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Chris 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 company did Arthur J. Gallagher (AJG) acquire in April 2025?

Arthur J. Gallagher acquired Imbs Holdings, Inc., a retail insurance broker based in St. Louis, Missouri.

Who will lead the Imbs Holdings team after AJG's acquisition?

Chris Imbs and his team will operate under Bret VanderVoort, head of Gallagher's South Central retail property/casualty brokerage operations.

What is the value of AJG's acquisition of Imbs Holdings?

The financial terms of the acquisition were not disclosed in the announcement.

How will the Imbs Holdings acquisition benefit AJG's business?

The acquisition will enhance Gallagher's retail brokerage capabilities in the region through Imbs team's market expertise and client relationships.