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Arthur J. Gallagher & Co. Completes Acquisition of The Evans Agency, LLC

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Rhea-AI Summary
Arthur J. Gallagher & Co. (NYSE:AJG) has completed the acquisition of The Evans Agency, LLC, a subsidiary of Evans Bancorp, Inc. The global insurance brokerage, risk management, and consulting services firm operates in approximately 130 countries worldwide.
Positive
  • Expansion of Arthur J. Gallagher & Co.'s portfolio through the acquisition
  • Increased global presence with operations in 130 countries
  • Diversification of services and offerings
Negative
  • None.

ROLLING MEADOWS, Ill., Dec. 6, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced it has completed the previously disclosed acquisition of Williamsville, New York-based The Evans Agency, LLC, a wholly-owned subsidiary of Evans Bancorp, Inc. (NYSE:EVBN).

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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-completes-acquisition-of-the-evans-agency-llc-302007173.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What acquisition has Arthur J. Gallagher & Co. completed recently?

Arthur J. Gallagher & Co. (NYSE:AJG) has completed the acquisition of The Evans Agency, LLC, a subsidiary of Evans Bancorp, Inc.

Where is Arthur J. Gallagher & Co. headquartered?

Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois.

How many countries does Arthur J. Gallagher & Co. operate in?

Arthur J. Gallagher & Co. operates in approximately 130 countries worldwide.

What services does Arthur J. Gallagher & Co. provide?

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm.

Evans Bancorp Inc

NYSE:EVBN

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About EVBN

evans is a full-service financial institution that provides comprehensive community banking services to consumer, business, and municipal customers throughout western new york. with fourteen neighborhood banking offices and nearly 100 years of local management, our values are rooted in the community and relationships you can trust. through our wholly-owned subsidiary, the evans agency, llc provides property and casualty insurance for you and your business through seven insurance offices. our affiliate, evans investment services, inc. provides non-deposit investment and wealth management services. evans is here to help you find a better way for your personal or business banking, insurance, and wealth management needs. contact us or visit any of our locations for more information on our products and services.