Arthur J. Gallagher & Co. Acquires DMc Insurance Partners
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of DMc Insurance Partners, an Austin, Texas-based personal lines insurance agency. The acquired company serves individuals and small business owners in Austin. John McNulty, Scott Durkin, and their team will continue operations from their current location under Gino Bonacci, head of personal lines for Gallagher's U.S. retail property/casualty brokerage operations.
The acquisition aims to strengthen Gallagher's personal lines and small business capabilities in the Austin market. Financial terms of the transaction were not disclosed.
Arthur J. Gallagher & Co. (NYSE:AJG) ha annunciato l'acquisizione di DMc Insurance Partners, un'agenzia di assicurazioni per privati con sede ad Austin, Texas. L'azienda acquisita serve individui e piccoli imprenditori ad Austin. John McNulty, Scott Durkin e il loro team continueranno le operazioni dalla loro attuale sede sotto la guida di Gino Bonacci, responsabile delle linee personali per le operazioni di brokeraggio retail in ambito proprietà/risarcimento di Gallagher negli Stati Uniti.
L'acquisizione mira a rafforzare le capacità di Gallagher nelle linee personali e nei piccoli business nel mercato di Austin. I termini finanziari della transazione non sono stati resi noti.
Arthur J. Gallagher & Co. (NYSE:AJG) ha anunciado la adquisición de DMc Insurance Partners, una agencia de seguros de líneas personales ubicada en Austin, Texas. La empresa adquirida atiende a individuos y propietarios de pequeñas empresas en Austin. John McNulty, Scott Durkin y su equipo continuarán las operaciones desde su ubicación actual bajo la dirección de Gino Bonacci, jefe de líneas personales para las operaciones de corretaje de propiedad/daños de venta al por menor de Gallagher en Estados Unidos.
El objetivo de la adquisición es fortalecer las capacidades de Gallagher en líneas personales y pequeños negocios en el mercado de Austin. No se han revelado los términos financieros de la transacción.
아서 J. 갈래거 & 컴퍼니 (NYSE:AJG)는 텍사스 오스틴에 위치한 개인 보험 에이전시인 DMc 보험 파트너스의 인수를 발표했습니다. 인수된 회사는 오스틴에서 개인과 소규모 사업주에게 서비스를 제공합니다. 존 맥널티, 스콧 더킨과 그들의 팀은 현재 위치에서 지노 보나치의 지휘 하에 계속 운영될 것입니다. 그는 갈래거의 미국 소매 재산/상해 브로커리지 운영의 개인 라인 책임자입니다.
이번 인수의 목적은 오스틴 시장에서 갈래거의 개인 라인 및 소규모 사업 역량을 강화하는 것입니다. 거래의 재정적 조건은 공개되지 않았습니다.
Arthur J. Gallagher & Co. (NYSE:AJG) a annoncé l'acquisition de DMc Insurance Partners, une agence d'assurance des particuliers basée à Austin, au Texas. L'entreprise acquise dessert des particuliers et des petits entrepreneurs à Austin. John McNulty, Scott Durkin et leur équipe continueront d'opérer depuis leur emplacement actuel sous la direction de Gino Bonacci, responsable des lignes personnelles pour les opérations de courtage de propriété/risques de Gallagher aux États-Unis.
Cette acquisition vise à renforcer les capacités de Gallagher en matière de lignes personnelles et de petites entreprises sur le marché d'Austin. Les conditions financières de la transaction n'ont pas été révélées.
Arthur J. Gallagher & Co. (NYSE:AJG) hat die Übernahme von DMc Insurance Partners angekündigt, einer auf persönliche Versicherungen spezialisierten Agentur mit Sitz in Austin, Texas. Das übernommene Unternehmen bedient Privatpersonen und Kleinunternehmer in Austin. John McNulty, Scott Durkin und ihr Team werden ihre Geschäfte weiterhin von ihrem aktuellen Standort unter der Leitung von Gino Bonacci, Leiter der persönlichen Versicherungen für die US-amerikanischen Einzelhandelsaktivitäten von Gallagher, fortführen.
Die Akquisition zielt darauf ab, Gallaghers persönliche Versicherungen und die Fähigkeiten im Bereich der kleinen Unternehmen auf dem Markt in Austin zu stärken. Die finanziellen Einzelheiten der Transaktion wurden nicht bekannt gegeben.
- Strategic expansion into key Austin market
- Enhancement of personal lines and small business capabilities
- Retention of existing DMc Insurance Partners team and leadership
- None.
Insights
The deal's structure, keeping the existing team under Gallagher's personal lines leadership, suggests a well-planned integration approach that preserves client relationships while leveraging AJG's broader resources. While financial terms weren't disclosed, personal lines agencies typically trade at 1.5-2.5x revenue multiples, making this likely a modest but strategically important bolt-on acquisition.
Austin's rapid population growth and strong economic fundamentals make this acquisition particularly valuable for expanding AJG's personal lines footprint in a key metropolitan area. For a
The acquisition demonstrates AJG's continued execution of its targeted expansion strategy in high-growth regions. The retention of key personnel, including McNulty and Durkin, is particularly important in personal lines where client relationships drive retention rates.
From a competitive standpoint, this acquisition strengthens AJG's position against other major brokers who are also targeting the Texas market. The deal's timing is opportune, as personal lines pricing continues to harden, particularly in property insurance, which should support strong organic growth for the acquired business.
DMc Insurance Partners is a personal lines-focused insurance agency serving individuals and small business owners in
"DMc Insurance Partners has a strong local reputation and will expand our personal lines and small business capabilities in a key market," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome John, Scott and their associates to Gallagher."
Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in
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 |
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SOURCE Arthur J. Gallagher & Co.
FAQ
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