ITASCA, Ill., Jan. 4, 2017 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Gruppo Marcucci, LLC (GPM). Terms of the transaction were not disclosed.
Founded in 2005, Gruppo Marcucci, LLC is a Chicago-based consulting firm specializing in human resources (HR) and benefits technology solutions for benefit brokers and consultants, employers, insurance carriers, service providers and the investment community.
Led by partners Rhonda Marcucci and Ed Barry, the Gruppo Marcucci team will continue to operate from their current location under the direction of Tony Hernandez, Gallagher's employee benefit consulting and brokerage chief operating officer.
"GPM's team is well-respected for their deep knowledge and thought leadership in the HR and benefits technology space," said J. Patrick Gallagher, Jr., Chairman, President and CEO of the global insurance brokerage and risk management firm. "Their market expertise, national presence and solid industry relationships will be terrific complements to our growing employee benefits brokerage and consulting operation."
"We are pleased to bring Rhonda, Ed and their associates into the growing Gallagher family of professionals," he continued. "Gruppo Marcucci has been servicing Gallagher clients for nearly 10 years now, so acquiring the firm will provide our brokers with even greater access to HR and benefits technology outsourcing market intelligence, while expanding our position in the marketspace."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 33 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
SOURCE Arthur J. Gallagher & Co.