1. Gallagher received an HSR second request for its AssuredPartners acquisition. 2. The request extends the HSR waiting period by at least 30 days. 3. Gallagher aims to close the transaction in the second half of 2025.
Despite regulatory delays, Gallagher’s planned acquisition could strengthen its market position, similar to past acquisitions in their sector that positively impacted valuations.
The acquisition aligns with Gallagher's growth strategy, enhancing its capabilities in a competitive market.
The long-term strategic benefits from the acquisition could significantly influence AJG's growth trajectory post-2025.
Arthur J. Gallagher & Co. ("Gallagher") today announced it has received a request for additional information as part of the Hart-Scott-Rodino ("HSR") filing related to its proposed acquisition of AssuredPartners, Inc. A second request for information is a common feature of the regulatory review for transactions of this type. It extends the waiting period imposed by the HSR Act until 30 days after Gallagher has substantially complied with the request, though it is possible for that period to be extended voluntarily by the parties or shortened by the antitrust agency.
Gallagher is actively responding to the request and expects that the transaction will close in the second half of 2025.
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.
Ray Iardella
VP - Investor Relations
630-285-3661/ ray.iardella@gallagher.com
Paul Day
Senior Media Relations Manager
630-285-5946/ paul.day@gallagher.com
SOURCE Arthur J. Gallagher & Co.