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Arthur J. Gallagher & Co. Acquires Wealth Management Partners Pty Ltd

1. Arthur J. Gallagher acquires Wealth Management Partners in Australia. 2. WMP specializes in retirement plan risk management for individuals and companies. 3. This acquisition enhances Gallagher's financial wellbeing consulting capabilities.

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FAQ

Why Bullish?

The acquisition of WMP expands Gallagher's service offerings, potentially driving revenue growth.

How important is it?

Acquisitions can significantly influence AJG's market position and financial performance.

Why Long Term?

This strategic move aligns with Gallagher's long-term growth strategy in the financial consulting sector.

Related Companies

WMPAJG
, /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Perth, Western Australia-based Wealth Management Partners Pty Ltd (WMP). Terms of the transaction were not disclosed. WMP is a financial planning firm specializing in retirement plan risk management for individuals and corporate clients in Western Australia. Steve Beattie, Troy Hartley, Janusz Mazurek, Adrian Whitaker and their team will remain in their current location under the direction of Graham Campbell, head of Gallagher's employee benefits and HR consulting operations in Australia. "WMP's client-focused approach and expertise in retirement planning will enhance our financial wellbeing consulting capabilities in Australia," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Steve, Troy, Janusz, Adrian 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. 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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