Arthur J. Gallagher announces Australian acquisition

Giant swoops for firm with multiple offices across the country

Arthur J. Gallagher announces Australian acquisition

Insurance News

By Daniel Wood

Brokerage giant, Arthur J. Gallagher & Co. has announced the acquisition of Sydney based Via Financial Group, a firm that provides financial planning, wealth management and life risk advisory services.

“Multiple offices” now part of Arthur J. Gallagher

An Arthur J. Gallagher media release did not disclose the terms of the deal but said Via Financial Group has “multiple offices” around Australia. The release said the Group will join Gallagher's employee benefits and HR consulting operations.

“A highly regarded firm” says CEO

"Via Financial Group is a highly regarded firm whose financial advisory services complement our existing benefits consulting operations in Australia," said J. Patrick Gallagher, Jr. (main picture), chairman and CEO. "I am excited to welcome the Via Financial Group team to our growing, global Gallagher family of professionals."

Arthur J. Gallagher is a global brokerage headquartered in Rolling Meadows, Illinois with a presence in about 130 countries.

What do you think of this acquisition in Australia by a US brokerage powerhouse? Please tell us below.

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