ITASCA, Ill., Dec. 18, 2015 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Managed Healthcare Solutions, Inc. in Atlanta, Georgia. Terms of the transaction were not disclosed.
Established in 2000, Managed HealthCare Solutions (MHS) provides employee benefit consultation, management and brokerage services for clients throughout the southern United States. They specialize in cost management, employee engagement, and creative plan design and funding arrangements for group health insurance programs. Mark Ilgenfritz and his associates will continue to operate in their current location under the direction of David Ziegler, head of Gallagher's Eastern employee benefit consulting and brokerage operations.
"MHS is a great example of our merger partner of choice. Not only are they well-known for their benefits expertise and strong industry knowledge but they also have a team-based culture that fits within ours," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Their Atlanta presence, quality client service and solid health insurance carrier relationships will be great complements to our southern employee benefits operation. We are pleased to welcome Mark and his colleagues 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 31 countries and offers client service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.
SOURCE Arthur J. Gallagher & Co.