Arthur J. Gallagher & Co. acquires Complete Financial Balance Pty Ltd
ITASCA, III., January 3, 2017 / PRNewswire / – Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Complete Financial Balance Pty Ltd in Brisbane, Australia. Terms of the transaction were not disclosed.
Founded in 1989, Complete Financial Balance (CFB) is a financial services consultancy firm providing wealth management and employee benefits advisory services to professionals and individuals across Australia. They specialize in superannuation, risk management and asset protection, investment and portfolio administration, business risk insurance, estate planning and retirement planning. Graham Campbell, Tapel Cafer and their associates will continue to operate from their Brisbane location report via Leslie Leménager, responsible for Gallagher’s global employee benefits advisory and brokerage activities.
“We are particularly delighted to have completed the acquisition of CFB, our first employee benefits acquisition in Australia,” noted J. Patrick Gallagher, Jr., Chairman of the Board, President and Chief Executive Officer of Arthur J. Gallagher & Co. “Their strong team culture, similar business model and commitment to providing the highest professional standards will be a wonderful addition to our benefits consulting business. We are delighted to welcome Graham, Tapel and their colleagues to our growing family of Gallagher professionals. . “
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services company, is headquartered in Itasca, Illinois, operates in 33 countries and operates in more than 150 countries around the world through a network of correspondent brokers and consultants.
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