Arthur J. Gallagher's Risk Placement Services Acquires RHP General Agency
May 15, 2023
Arthur J. Gallagher & Co., through its subsidiary Risk Placement Services (RPS), has acquired Houston-based RHP General Agency, a managing general agency focused on residential property insurance in Texas. Terms were not disclosed; RHP's leadership team led by Greg Vanek will remain in place and report to Russell Duffey, head of RPS' program administration division.
- Buyers
- Arthur J. Gallagher & Co., Risk Placement Services, Inc.
- Targets
- RHP General Agency, Inc.
- Industry
- Insurance
- Location
- Texas, United States
- Transaction Type
- Buyout
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