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Arthur J. Gallagher & Co. Acquires Strategic Services Group, Inc.

1. AJG acquires Strategic Services Group, enhancing employee benefits consulting. 2. The strategic acquisition targets Michigan and Midwest markets. 3. Current leadership at Strategic Services Group will stay post-acquisition. 4. CEO emphasizes acquisition's role in expanding client service capabilities.

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FAQ

Why Bullish?

Acquisitions often lead to growth in market share; historical trends show positive impacts on share value. For instance, AJG's past acquisitions have generally resulted in revenue increases.

How important is it?

This acquisition boosts AJG's competitive position, which is essential for shareholder value.

Why Long Term?

The full benefits from this acquisition will materialize over time, as integration takes time to yield results.

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AONWLTWMMC
, /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Rochester Hills, Michigan-based Strategic Services Group, Inc. Terms of the transaction were not disclosed. Strategic Services Group provides employee benefits consulting services across a range of industries in Michigan and the Midwest. Doug Roehm, Greg Sudderth and their team will remain in their current location under the direction of Brian Lomas, head of Gallagher's Great Lakes region employee benefits consulting and brokerage operations. "Strategic Services Group has a strong reputation for client service and will expand our employee health benefits consulting capabilities in the region," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am excited to welcome Doug, Greg and their 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. 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

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