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Arthur J. Gallagher & Co. announced today that it has completed its previously disclosed acquisition of William Gallagher Associates Insurance Brokers Inc. in Boston.

Arthur J. Gallagher & Co. previously announced on June 15 that it has signed a definitive agreement to acquire substantially all the assets of William Gallagher Associates, which has annualized revenues of approximately $50 million.

William Gallagher Associates’ CEO Philip Edmundson, President Patrick Veale and their associates at the firm will operate from their current Boston; Atlanta; New York City; Columbia, Maryland; Hartford, Connecticut and Princeton, New Jersey locations under the direction of Douglas Brown, head of Gallagher’s Northeastern retail property/casualty brokerage operations, and David Ziegler, head of Gallagher’s Eastern employee benefit consulting and brokerage operations.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois. It has operations in 31 countries and offers client-service capabilities in more than 140 countries through a network of correspondent brokers and consultants.

Topics Mergers & Acquisitions Agencies