Arthur J. Gallagher & Co. announced that it has acquired a real estate / claims agency and employee benefits consultant in Ohio and an Iowa-based retail real estate / accident agency in separate business.
The terms of the transaction were not disclosed
Gallagher said on Tuesday that it has acquired Cincinnati-based WP Dolle LLC. W.P. was founded in 1872. Dolle focuses on manufacturing and distribution customers in the greater Cincinnati region.
W.P. Dolle President Mark Rummler, Vice President Rich Veleta and their staff will move to Gallagherâ & # x20AC; & # x2122 ;s office in Cincinnati under the leadership of Sean Gallagher, Gallagherâ & # x20AC; & # x21
On Monday, Gallagher said it had acquired Dubuque, Iowa-based River Valley Capital Insurance Inc.
River Valley, founded in 2007, specializes in the coverage industry with a focus on long-distance businesses in the Midwest.
River Valley employees will remain based in their offices under Ryan Isaacs, Head of Gallagher in the Midwest Retail / Real Estate Region.
A Gallagher spokesman said River Valley has 20 employees and WP Dolle has about 17.
Rolling Meadows, Illinois-based Arthur J. Gallagher & Co. is the fourth largest broker in US operations based on brokerage revenues from 2020 generated by US clients, according to the latest business insurance ranking.