ITASCA, Ill., June 28 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co.
today announced the acquisition of Carpenter, Cammack & Associates, Inc.
headquartered in Charlotte, North Carolina. Terms of the transaction were not
disclosed.
Founded in 1992, Carpenter, Cammack & Associates (CCA) is a full service
insurance agency offering commercial property/casualty and risk management
insurance services to their clients in the southeastern United States. They
also specialize in insurance products for the construction, manufacturing,
wholesaling, petroleum and aviation industries. Thomas S. Carpenter, J. Chris
Cammack and their associates will continue to operate out of their Charlotte,
Raleigh, Greensboro and Fayetteville, North Carolina locations under the
direction of David L. Marcus, Southeast Regional Manager of Gallagher's
Brokerage Services Retail Division.
"One of the reasons CCA has achieved successful growth over the last 15
years is because they consistently provide their clients with superior
products and services. It's this client dedication and a sales-oriented,
experienced staff that will fit perfectly within our culture," said J. Patrick
Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co.
"This acquisition also expands our presence in North Carolina and will be a
terrific addition to our Southeast Region. We are extremely pleased to
welcome Tom, Chris and their associates 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 eight countries and does business in more than 100 countries around the
world through a network of correspondent brokers and consultants. Gallagher
is traded on the New York Stock Exchange under the symbol AJG.
SOURCE Arthur J. Gallagher & Co.
CONTACT:
Marsha J. Akin, Investor Relations of Arthur J. Gallagher &
Co., +1-630-773-3800/