Kirkland Advises AssuredPartners on $13.45 Billion Acquisition by Arthur J. Gallagher & Co.

Kirkland & Ellis is advising U.S. insurance broker AssuredPartners on its $13.45 billion acquisition by global insurance brokerage Arthur J. Gallagher & Co. (NYSE: AJG). The definitive agreement was announced December 9, 2024. The transaction is expected to close during the first quarter of 2025 subject to customary regulatory approvals. The transaction will expand Gallagher’s retail middle-market property/casualty and employee benefits focus across the United States and build on new business opportunities by leveraging Gallagher’s expertise, data and analytics and expansive product offerings. AssuredPartners was founded in 2011 by GTCR, a leading private equity firm, in partnership with Jim Henderson. GTCR originally sold the Company to Apax Fund VIII in 2015, and GTCR reacquired a majority stake in partnership with Apax Fund IX in 2019. AssuredPartners now has approximately 400 offices located across the U.S., the UK and Ireland and 10,900 employees.

Read the transaction press release

The Kirkland team included corporate lawyers Ted Frankel, Chris Thomas, Kyle McHugh, Sri Kaushik, Adam Clifford, George Boden and Kartik Khanna; capital markets lawyer Josh Korff; tax lawyers Mike Carew and Meg Dewar; executive compensation lawyer Scott Price; antitrust & competition lawyers Matt Reilly, Norm Armstrong, Jeff Ayer and Thomas Wilson; debt finance lawyer Tom Dobleman; and technology & IP transactions lawyer Dan Lewis.