Arthur J. Gallagher & Co. Acquires Sheila J. Butler & Company
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Sheila J. Butler & Company (SJB), a Carrollton, Georgia-based employee benefits brokerage firm.
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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.
Details
News Market Reaction – AJG
The recorded move for AJG in the trading session of this news was -0.06%.
Data tracked by StockTitan Argus. Session date unavailable.
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SJB is an employee benefits brokerage firm serving groups of all sizes in western
"SJB has an excellent reputation for client service and will enhance our existing benefits consulting capabilities and footprint in
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, 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.
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