ITASCA, Ill., June 13, 2016 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of The Buchholz Planning Corporation, located in Madison, Wisconsin. Terms of the transaction were not disclosed.
Founded in 1968, The Buchholz Planning Corporation (BPC) provides employee benefits consulting and brokerage services for middle-market and large businesses and individuals throughout the United States. They specialize in offering life and disability insurance solutions to healthcare organizations. William Buchholz, his partners and his associates will continue to operate at their current location under the direction of Bill Ziebell, head of Gallagher's North Central employee benefit consulting and brokerage operations.
"For over 45 years, BPC has developed an outstanding reputation for delivering creative products and high quality client service supported by its highly-skilled professionals. Their team-based approach to client service makes them a perfect cultural fit for our organization," said J. Patrick Gallagher, Jr. Chairman, President and CEO. "Their strong healthcare expertise and solid market relationships will also be wonderful complements to our employee benefits brokerage and consulting team. We are pleased to welcome Bill 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 32 countries and offers client-service capabilities 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.