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0 0 -0.00597269624573379 -0.00597269624573379 0 0.0238907849829352 0.00450511945392489 0.0068259385665529
Stock impact report

Apax Funds to Sell Minority Stake in AssuredPartners to Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. (AJG) 
Last arthur j. gallagher & co. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ajg.com/investor-overview
Company Research Source: PR Newswire
NEW YORK, Dec. 9, 2024 /PRNewswire/ -- Funds advised by Apax Partners LLP ("Apax"), a leading global private equity advisory firm, today announced that they have entered into a definitive agreement to sell their minority stake in AssuredPartners ("the Company"), a premier global insurance brokerage firm, to Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, as part of a $13.45 billion all-cash transaction. Founded in 2011, AssuredPartners is today one of the largest insurance brokers in the United States, with client capabilities across commercial property and casualty, specialty lines, risk management, employee benefits and personal lines.  AssuredPartners' 10,900 colleagues serve a wide range of customers through approximately 400 offices located across the U.S., the United Kingdom and Ireland. Over the course of nine years, Apax closely supported the Company's growth into a national leader in insurance brokerage. During Apax Funds Show less Read more
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