Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, announced the acquisition of Australia-based Asset Partners Private Wealth Pty Ltd. Terms of the transaction were not disclosed.
Asset Partners Private Wealth is a boutique financial planning firm serving retirees, professional executives and small business owners. Following the transaction, David Just, Josh Pope and their team will remain in their current location in Robina, Queensland, operating under the direction of Graham Campbell, head of Gallagher’s employee benefits and HR consulting operations in Australia and New Zealand.
The acquisition expands Arthur J. Gallagher & Co.’s wealth management consulting capabilities in Australia as part of its broader international growth strategy. The company, headquartered in Rolling Meadows, Illinois, provides insurance brokerage, risk management and consulting services in approximately 130 countries through its owned operations and network of correspondent brokers and consultants.
KEY QUOTE:
“Asset Partners Private Wealth shares our client-focused approach and expands our wealth management consulting capabilities in Australia. I am delighted to welcome David, Josh and their associates to Gallagher.”
Patrick Gallagher, Jr., Chairman and CEO, Arthur J. Gallagher & Co.
