Arthur J. Gallagher & Co. Acquires Effectus Consulting Pty Ltd.

Rhea-AI Summary

Arthur J. Gallagher & Co. announced the acquisition of Effectus Consulting Pty Ltd, a Brisbane-based firm specializing in employee and leadership development. The terms of the transaction remain undisclosed. This acquisition is expected to provide Gallagher with significant cross-selling opportunities, enhancing discussions with existing clients about career benefits and organizational performance programs. Effectus will continue its operations under the leadership of Leslie Lemenager, VP-International for Gallagher's employee benefits consulting services.

Positive

• Acquisition provides significant cross-selling opportunities with existing clients.
• Strengthens Gallagher's employee benefits and organizational performance offerings.
• Effectus Consulting continues operations under established leadership.

Negative

• None.

ROLLING MEADOWS, Ill., Nov. 4, 2020 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed.

Effectus Consulting is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, culture and engagement surveys, mediation and performance management, and executive coaching services to clients throughout Australia. Scott Krebs, Dallas Knight, James Allen, Jason Rodgers and their associates will continue to operate from their current location under the direction of Leslie Lemenager, VP-International for Gallagher's employee benefits consulting and brokerage operations.

"Effectus offers us significant cross-selling opportunities for initiating discussions with existing clients around the importance of offering career benefits, as well as organizational performance programs," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "We are delighted to welcome Scott, Dallas, James, Jason and their associates to our growing, global team." 

Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 49 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

 

Investors:  Ray Iardella	Media:  Linda J. Collins
VP – Investor Relations	VP – Corporate Communications
630-285-3661/ ray_iardella@ajg.com	630-285-4009/ linda_collins@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What is the significance of Arthur J. Gallagher's acquisition of Effectus Consulting?

The acquisition enhances Gallagher's service offerings and provides cross-selling opportunities in employee benefits.

When was Effectus Consulting acquired by Arthur J. Gallagher?

Arthur J. Gallagher announced the acquisition of Effectus Consulting on November 4, 2020.

What services does Effectus Consulting provide?

Effectus Consulting specializes in HR and talent development, including employee diagnostics, culture surveys, and executive coaching.

What is the expected impact of the acquisition on Gallagher's operations?

The acquisition is expected to strengthen Gallagher's market position in employee benefits and improve client engagement.

Who will manage Effectus Consulting after the acquisition?

Effectus Consulting will continue to be managed by its current leadership team under Leslie Lemenager.