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Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Bloomfield Hills, Michigan-based LSG Insurance Partners.

Founded in 1968, LSG Insurance is an independent insurance, risk management and consulting services agency. LSG offers a broad range of employee benefits, commercial property/casualty, private client, and merger and acquisition services and coverages to clients throughout the Midwest and across the United States.

Jay Schreibman, Todd Preston and their associates will continue to operate from their Bloomfield Hills and Milwaukee branch locations under the direction of Tom Lannen, head of Gallagher’s Great Lakes region employee benefits consulting and brokerage operations, and Cindy LaMantia, head of Gallagher’s Great Lakes region retail property/casualty brokerage operations.

The acquisition is subject to customary closing conditions and is expected to close in the fourth quarter of 2019.

Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions Michigan