Arthur J. Gallagher acquires Wellington Associates

Oct. 15, 2018 1:26 PM ETArthur J. Gallagher & Co. (AJG)By: Pranav Ghumatkar, SA News Editor2 Comments
  • Arthur J. Gallagher (NYSE:AJG -0.2%) announced the acquisition of Flowood, Mississippi-based Wellington Associates, Inc.
  • Terms of the transaction were not disclosed.
  • "We have been building a tremendous business in Mississippi and our capabilities are becoming well-recognized. Adding Wellington bolsters our already strong business and brings into our fold a competitor who we, quite frankly, have a lot of respect for," said J. Patrick Gallagher, Jr., Chairman, President and CEO.

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