ROLLING MEADOWS, Ill., Nov. 8, 2018 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Alexandria, Virginia-based Meridian One Corporation. Terms of the transaction were not disclosed.
Founded in 1986, Meridian One launches and administers affinity member benefit programs for more than 600 professional and trade associations across the United States and Canada. Member benefits include such offerings as insurance programs and discounts on travel; office equipment, supplies and services; appliances; audio and web conferencing; shipping; and vehicle rentals. Richard Sullivan, Mickey Herbert and their associates will continue to operate from their current location under the direction of Kevin Garvin, head of Gallagher's North American Affinity Operations.
"Meridian One's outstanding association client base and breadth of member solutions make them a great fit for our expanding Affinity segment," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Richard, Mickey and their associates to 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 34 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.