Arthur J. Gallagher & Co. Acquires Sheila J. Butler & Company

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Sheila J. Butler & Company (SJB), a Carrollton, Georgia-based employee benefits brokerage firm. The acquired company serves clients of all sizes in western Georgia, including the greater Atlanta area.

Following the acquisition, SJB's team, including Sheila J. Butler and Blake Butler, will continue operations from their current location under Colby Paxton's leadership, who heads Gallagher's Southeast region employee benefits consulting operations. The financial terms of the transaction were not disclosed.

According to Chairman and CEO J. Patrick Gallagher, Jr., SJB's reputation for client service will enhance Gallagher's existing benefits consulting capabilities and presence in Georgia. AJG currently operates in approximately 130 countries, providing insurance brokerage, risk management, and consulting services globally.

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ROLLING MEADOWS, Ill., Dec. 11, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Carrollton, Georgia-based Sheila J. Butler & Company (SJB). Terms of the transaction were not disclosed.

SJB is an employee benefits brokerage firm serving groups of all sizes in western Georgia, including greater Atlanta. Sheila J. Butler, Blake Butler and their team will remain in their current location under the direction of Colby Paxton, head of Gallagher's Southeast region employee benefits consulting operations.

"SJB has an excellent reputation for client service and will enhance our existing benefits consulting capabilities and footprint in Georgia," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Sheila, Blake and their 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, 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 Georgia in December 2024?

Arthur J. Gallagher acquired Sheila J. Butler & Company (SJB), an employee benefits brokerage firm based in Carrollton, Georgia.

What is the geographic coverage of SJB's operations that AJG will gain from this acquisition?

SJB serves clients in western Georgia, including the greater Atlanta area.

Who will oversee the newly acquired SJB team within AJG's structure?

The SJB team will operate under the direction of Colby Paxton, who heads Gallagher's Southeast region employee benefits consulting operations.

Will SJB's management team remain after the AJG acquisition?

Yes, Sheila J. Butler, Blake Butler, and their team will remain in their current location following the acquisition.

How will the SJB acquisition impact AJG's presence in Georgia?

The acquisition will enhance AJG's existing benefits consulting capabilities and expand its footprint in Georgia.