Arthur J. Gallagher & Co. Acquires Redington Ltd

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Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Redington , a London-based investment consulting firm. Redington specializes in providing comprehensive investment, research, and technology services to pension funds, wealth managers, and institutional investor clients, primarily in the UK market.

The acquisition will enhance Gallagher's existing consulting services with Redington's expertise in modeling and investment market research. Sylvia Pozezanac and her team will continue operations from their current location, reporting to David Piltz, who heads Gallagher's UK employee benefits and HR consulting operations. The financial terms of the transaction were not disclosed.

ROLLING MEADOWS, Ill., Oct. 25, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of London-based Redington Ltd. Terms of the transaction were not disclosed.

Redington is an investment consulting firm providing comprehensive investment, research and technology services to pension funds, wealth managers and institutional investor clients primarily in the UK. Sylvia Pozezanac and her team will remain in their current location under the guidance of David Piltz, head of Gallagher's UK employee benefits and HR consulting operations.

"As a leader in the investment consulting space, Redington brings exceptional talent and represents a fantastic cultural fit. Their deep capabilities in modeling and investment market research will enhance our existing consulting services and help our clients achieve superior financial security outcomes," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am excited to welcome Sylvia and her associates to our growing Gallagher family of professionals."

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, Communications 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 October 2024?

Arthur J. Gallagher acquired Redington , a London-based investment consulting firm, in October 2024.

What services does Redington provide to its clients?

Redington provides comprehensive investment, research, and technology services to pension funds, wealth managers, and institutional investor clients, primarily in the UK market.

Who will lead Redington's team after the AJG acquisition?

Sylvia Pozezanac and her team will remain in their current location under the guidance of David Piltz, who heads Gallagher's UK employee benefits and HR consulting operations.

How will the Redington acquisition benefit AJG's services?

The acquisition will enhance Gallagher's consulting services by adding Redington's capabilities in modeling and investment market research, helping clients achieve better financial security outcomes.