StockNews.AI
AJG
StockNews.AI
169 days

Arthur J. Gallagher & Co. Acquires Dyste Williams

1. AJG acquired Dyste Williams, enhancing its small business capabilities. 2. Dyste Williams offers commercial lines and employee benefits in the Upper Midwest. 3. Agency will operate under Gallagher Agency Alliance's direction. 4. Transaction terms were not disclosed, but it expands AJG's market reach. 5. CEO emphasizes the agency's strong client service history.

M&A
-0.2%Current Return
VS
-2.91%S&P 500
$337.7403/03 09:18 AM EDTEvent Start
$337.0803/04 04:06 PM EDTLatest Updated
4m saved
Insight
Article

FAQ

Why Bullish?

The acquisition aligns with AJG's growth strategy, similar to successful past acquisitions that bolstered market position and customer base.

How important is it?

The acquisition represents a strategic growth decision, likely attracting investor confidence and positively influencing share price.

Why Long Term?

Acquisitions typically yield benefits over several fiscal quarters as integration occurs and new business is developed.

Related Companies

MMCAJGAON
, /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Minneapolis, Minnesota-based Dyste Williams. Terms of the transaction were not disclosed. Dyste Williams is a retail insurance agency offering a full suite of commercial lines, employee benefits and personal lines services to clients in the Upper Midwest. Ted Dyste, Nels Dyste and their team will remain in their current location as part of Gallagher Agency Alliance under the direction of Jen Tadin, head of Gallagher Select, its U.S. property/casualty operations for small businesses and personal insurance. "Dyste Williams is a highly regarded agency with a long history of client service that will further deepen our small business capabilities," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Ted, Nels and their associates to Gallagher." Gallagher Agency Alliance is a merger & acquisitions model partnering with agencies that specialize in small business property/casualty insurance and employee benefits. 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. SOURCE Arthur J. Gallagher & Co. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News