Gallagher Acquisition of AssuredPartners Delayed Due to Regulatory Review
Deal News | Mar 10, 2025 | Re-Insurance News
Arthur J. Gallagher (AJG) has encountered a setback in its proposed acquisition of AssuredPartners due to a second request for information as part of the Hart-Scott-Rodino (HSR) filing. This extension will delay the closure of this historic $13.45 billion transaction, initially anticipated for the first quarter of 2025, to the second half of 2025. As part of the largest sale of a U.S. insurance broker to a strategic acquirer in history, AJG is actively engaging with the regulatory process. Analysts have expressed surprise at the delay, given historical precedence and market fragmentation in middle-market insurance brokerage. The delay poses potential risks for AssuredPartners, including employee attrition and potential impacts on revenue estimates for AJG.
Sectors
- Insurance Brokerage
- Regulatory Compliance
- Mergers and Acquisitions
Geography
- United States – The companies involved, Arthur J. Gallagher, AssuredPartners, and GTCR, are based in the U.S., and the regulatory review is under U.S. law.
Industry
- Insurance Brokerage – The article focuses on the acquisition of AssuredPartners, a major U.S. insurance broker, by Arthur J. Gallagher.
- Regulatory Compliance – The acquisition is subject to regulatory review under the Hart-Scott-Rodino process, highlighting the importance of compliance in M&A deals.
- Mergers and Acquisitions – The article discusses a significant acquisition deal involving two major companies in the insurance sector.
Financials
- $13.45 billion – The total consideration for the acquisition of AssuredPartners by Arthur J. Gallagher.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arthur J. Gallagher (AJG) | Bidding Company/Buyer | Company | A global insurance brokerage and risk management services firm attempting to acquire AssuredPartners. |
| AssuredPartners | Target Company | Company | A leading U.S. insurance broker being acquired by Arthur J. Gallagher. |
| GTCR | Selling Company/Vendor | Company | A private equity firm that currently owns AssuredPartners. |
| Department of Justice (DOJ) | Regulatory Body | Government | U.S. government agency responsible for the antitrust review part of the Hart-Scott-Rodino Act. |
| KBW | Analysts | Company | Financial analysts providing insight into the regulatory delay and its impact. |
| BMO Capital Markets | Analysts | Company | Financial analysts commenting on the potential impacts of the delay on AJG's revenue estimates. |