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Arthur J. Gallagher & Co. Acquires Sellers Group LLC

ITASCA, Ill., May 8 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced the acquisition of Sellers Group LLC in The Woodlands, Texas. Terms of the transaction were not disclosed.

Established in 1997, Sellers Group LLC is an employee benefit broker that offers a full range of group employee benefit products and consulting services. They specialize in providing health care insurance, benefit plan administration, group benefits planning, retirement benefits, and business succession and funding strategies for their small to large client partners in the south central United States. Terry Sellers and his associates will continue to operate from their Texas and Searcy, Arkansas locations under the direction of John Neumaier, South Central Regional Executive Vice President of Gallagher's employee benefit consulting and brokerage operations.

"Sellers Group is a great example of a merger partnership that fits well within our sales and service culture. Their company's foundation is built on their close business relationships, and they have a solid reputation for the highest level of client service," stated J. Patrick Gallagher, Jr., Chairman, President and CEO. "They will be a wonderful complement to our employee benefit brokerage division, and we are pleased to welcome Terry and his team to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 15 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.

SOURCE Arthur J. Gallagher & Co.
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