ITASCA, Ill., Jan. 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 advisory firm that offers wealth management and employee benefits consulting services to business professionals and individuals throughout 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 reporting through Leslie Lemenager, head of Gallagher's international employee benefit consulting and brokerage operations.
"We are particularly excited to have completed the acquisition of CFB, our first employee benefits acquisition in Australia," said J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co. "Their team's solid culture, similar business model and commitment to delivering the highest professional standards will be a wonderful addition to our employee benefits consulting operations. We are pleased to welcome Graham, Tapel and their 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 33 countries and does business in more than 150 countries around the world through a network of correspondent brokers and consultants.
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SOURCE Arthur J. Gallagher & Co.