ROLLING MEADOWS, Ill., Sept. 6, 2018 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of United Dealer Services, LLC. Terms of the transaction were not disclosed.
Based in Highland Mills, New York, United Dealer Services, LLC is a retail insurance broker and program administrator. It provides a full range of insurance coverages to franchised auto dealerships in New York, New Jersey, Connecticut, Rhode Island, Massachusetts, Michigan, Virginia, New Hampshire, Vermont, Maine and Pennsylvania. It is also a program administrator for franchised auto dealers in New York, New Jersey, Pennsylvania and Michigan. Principals Randolph T. and Dustin Winston will remain in their current location under the direction of Dan Tropp, head of Gallagher's Mid-Atlantic retail property/casualty brokerage operations.
"We have been looking to expand our capabilities in the franchised auto market and United Dealer Services represents a terrific fit," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Randy, Dustin and their associates to our growing Gallagher family of professionals."
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.
Investors: Ray Iardella Media: Anna Rozenich
VP – Investor Relations VP – Global Media Relations
630-285-3661/ email@example.com 630-285-5954/ firstname.lastname@example.org
View original content with multimedia:http://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-united-dealer-services-llc-300707871.html
SOURCE Arthur J. Gallagher & Co.