ROLLING MEADOWS, Ill., Jan. 10, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Complete Benefit Alliance, LLC. Terms of the transaction were not disclosed.
Founded in 1997, Complete Benefit Alliance (CBA) is a full-service benefits enrollment and communications firm serving large and mid-sized, public and private sector employer groups across the United States from its home office in Birmingham, Alabama and regional office in Phoenix, Arizona. Steven R. Griffin and his team will continue to operate from their current locations under the direction of John Neumaier, head of Gallagher's Great Lakes employee benefits consulting and brokerage operations.
"Complete Benefit Alliance really checks all the boxes in terms of what we look for in a merger partner: a complementary culture, strong leadership team, unique capabilities, a highly successful track record and a strong potential for future growth," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Steven and his team to our growing Gallagher family of professionals."
"Steven and his team have a fantastic reputation in the Voluntary Benefits Enrollment space," said John Neumaier. "We are very excited about the impact Steven will make leading this important practice for Gallagher."
Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 35 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.