ROLLING MEADOWS, Ill.,
March 16, 2020 /PRNewswire/
-- Arthur J. Gallagher & Co. today announced the
acquisition of McConnell, Manit & Trout Insurance Services, LLC
(MMT). Terms of the transaction were not disclosed.
Established in 2013, MMT is a full-service property/casualty
broker with a focus on serving the building materials, energy,
waste, construction and transportation industries. It services
clients across the United States
from offices in San Louis Obispo and Fresno, California; Reno, Nevada; and Boise, Idaho. Rick
McConnell, Mike Manit,
Doug Trout and their associates will
continue to operate from their current locations under the
direction of Scott Firestone, head
of Gallagher's Southwest region retail property/casualty brokerage
operations.
"MMT will deepen our expertise in several key industries and
brings us significant growth opportunities. The team is also a
great cultural fit," said J. Patrick
Gallagher, Jr., Chairman, President and CEO. "I am delighted
to welcome Rick, Mike, Doug and their associates to our growing
global enterprise."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows,
Illinois. The company has operations in 49 countries and
offers client service capabilities in more than 150 countries
around the world through a network of correspondent brokers and
consultants.
Investors: Ray
Iardella
|
Media: Linda J.
Collins
|
VP – Investor
Relations
|
VP – Corporate
Communications
|
630-285-3661/ ray_iardella@ajg.com
|
630-285-4009/ linda_collins@ajg.com
|
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SOURCE Arthur J. Gallagher &
Co.