Arthur J. Gallagher & Co. Acquires Four Corners Group Inc.

Rhea-AI Summary

Arthur J. Gallagher & Co. has acquired Toronto-based Four Corners Group Inc., a notable executive search firm founded in 2007. This acquisition is aimed at enhancing Gallagher's global talent and leadership advisory services. Four Corners Group specializes in various sectors including business services, technology, and healthcare. Kelly Farrell and her team will continue operating under Gallagher’s Benefit and HR Consulting Division in Canada, directed by Melanie Jeannotte. The financial details of the transaction were not disclosed.

Positive

• Acquisition of Four Corners Group expands Gallagher's global talent and leadership advisory offerings.
• Four Corners Group brings expertise in diverse industries, enhancing service offerings.

Negative

• None.

ROLLING MEADOWS, Ill., July 18, 2022 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Toronto-based Four Corners Group Inc. Terms of the transaction were not disclosed.

Founded in 2007, Four Corners Group is a leading Canadian executive search firm operating throughout Canada and the United States. It serves clients in diverse industries, with a special focus in business services, technology, fast moving consumer goods, manufacturing, retail, supply chain/logistics, real estate, financial services, healthcare, academic, not-for-profits, associations, marketing services and professional services. Kelly Farrell and her team will remain in their current location under the direction of Melanie Jeannotte, CEO of Gallagher's Benefit and HR Consulting Division in Canada.

"Four Corners Group is a strong and reputable executive search practice that will further expand and strengthen our global talent and leadership advisory offerings," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Kelly and her associates to Gallagher."

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	Media:  Kelli Murray
VP - Investor Relations	Director – Global Media Relations
630-285-3661 / ray_iardella@ajg.com	847-273-3896 / kelli_murray@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What is the purpose of Arthur J. Gallagher's acquisition of Four Corners Group?

The acquisition aims to enhance Gallagher's global talent and leadership advisory services.

When was the acquisition of Four Corners Group announced?

The acquisition was announced on July 18, 2022.

What industries does Four Corners Group serve?

Four Corners Group serves various industries including technology, healthcare, and business services.

Who will lead the Four Corners Group post-acquisition?

Kelly Farrell and her team will continue under the direction of Melanie Jeannotte.

What is the stock symbol for Arthur J. Gallagher?

The stock symbol for Arthur J. Gallagher is AJG.