Headline – Arthur J. Gallagher & Co Announces Acquisition of Lifesure Group
Deal Type – Acquisition
Acquiring Company – Arthur J. Gallagher & Co
Target Company – Lifesure Group
Target Company Services – Personal lines insurance
Deal Valuation (if available) – n/a
Country of Target – UK
Continent – Europe
Target Company Industry – Insurance
Deal Rationale – Lifesure has an excellent reputation for client relationships and will enhance Gallagher’s UK retail capabilities in the niche personal lines space.
Deal Summary – Lifesure Group Limited is a UK-based personal lines insurance broking service, mainly serving the vacation/holiday and leisure industry. The deal also includes acquiring affiliated company Barnes Commercial.