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Arthur J. Gallagher Acquires Kentucky-Based Garrett-Stotz
Friday 11 October 2019

11 October 2019 - Chicago, US-based insurance brokerage Arthur J. Gallagher and Co. has acquired of Louisville, Kentucky-based P/C benefits provider Garrett-Stotz agency, the company said.
Terms of the transaction were not disclosed.
Gallagher said Garrett-Stotz enhances the company's presence in Kentucky and Indiana, and brings additional expertise in construction and surety, and provides new cross-selling opportunities.
Founded in 1931, Garrett-Stotz company is a full-service commercial and personal lines property/casualty and benefits agency. Areas of specialisation include construction/surety, real estate and auto dealers. 
Arthur J. Gallagher and Co. (NYSE: AJG) has operations in 48 countries and offers client service capabilities in more than 150 countries.
Details
Date Published: 11/10/2019
Target: Garrett-Stotz agency
Country: USA
Sector: Insurance
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Arthur J. Gallagher and Co
Comment:
Terms of the deal were not disclosed

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