Arthur J. Gallagher & Co. Acquires OperationsInc, LLC

Rhea-AI Summary

Arthur J. Gallagher & Co. has announced the acquisition of OperationsInc, a consulting firm based in Norwalk, Connecticut.

The financial terms of the deal were not disclosed. OperationsInc specializes in human resources, payroll, HRIS services, talent acquisition, and employee training for clients across the U.S.

The current team, led by David Lewis, will remain in place, reporting to Steve Coco, Gallagher's Global HR & Compensation Consulting Managing Director. This acquisition aims to enhance AJG's client offerings in HR consulting.

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in about 130 countries.

Positive

• Acquisition broadens AJG's client offerings in HR consulting.
• OperationsInc's team will remain, ensuring continuity.
• The acquisition aligns with AJG's growth-oriented culture.

Negative

• None.

ROLLING MEADOWS, Ill., June 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Norwalk, Connecticut-based OperationsInc, LLC. Terms of the transaction were not disclosed.

OperationsInc is a consulting firm providing comprehensive solutions in human resources, payroll and human resources information system (HRIS) services, talent acquisition and employee training to clients of all sizes across the United States. David Lewis and his team will remain in their current location under the direction of Steve Coco, Global Human Resources & Compensation Consulting Managing Director for Gallagher's employee benefits consulting and brokerage operations.

"OperationsInc's growth-oriented culture and deep capabilities in HR consulting will significantly broaden our client offerings," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome David and his associates to our growing Gallagher family of professionals."

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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-operationsinc-llc-302179386.html

SOURCE Arthur J. Gallagher & Co.

FAQ

What company did Arthur J. Gallagher & Co. acquire?

Arthur J. Gallagher & Co. acquired OperationsInc, a consulting firm based in Norwalk, Connecticut.

What services does OperationsInc provide?

OperationsInc provides human resources, payroll, HRIS services, talent acquisition, and employee training.

When did Arthur J. Gallagher & Co. announce the acquisition of OperationsInc?

Arthur J. Gallagher & Co. announced the acquisition on June 24, 2024.

What is the stock symbol for Arthur J. Gallagher & Co.?

The stock symbol for Arthur J. Gallagher & Co. is AJG.

Who will OperationsInc report to after the acquisition?

After the acquisition, OperationsInc will report to Steve Coco, Gallagher's Global HR & Compensation Consulting Managing Director.

How will the acquisition of OperationsInc benefit Arthur J. Gallagher & Co.?

The acquisition will broaden AJG's client offerings in HR consulting and align with its growth-oriented culture.