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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