First Union Securities announced the sale of The Galtney Group Inc. to Arthur J. Gallagher & Co., the world’s fourth largest insurance broker. The Galtney Group retained First Union Securities to serve as the company’s exclusive financial advisor in the transaction.
The Galtney Group is an independent property and casualty insurance broker focused exclusively on the healthcare industry. Through its subsidiaries, the company specializes in structuring and placing medical malpractice and professional liability insurance policies for a wide range of medical professionals including hospital directors and officers, and physicians and hospitals involved in managed care. In 2000, The Galtney Group placed approximately $300 million in premiums for its clients.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
