Arthur J. Gallagher & Co. Acquires FarmPLUS Insurance Services (Shelton & Alderson Insurance Agency)

February 1, 2024

Arthur J. Gallagher & Co. (Gallagher) has acquired Blairs, Virginia–based Shelton & Alderson Insurance Agency, Inc., which does business as FarmPLUS Insurance Services. The retail agency provides agricultural and crop insurance across Virginia, North Carolina and South Carolina; the sellers Tim Alderson and Amy Alderson and their team will remain in place under Gallagher's Southeast retail P/C leadership.

Buyers
Arthur J. Gallagher & Co.
Targets
Shelton & Alderson Insurance Agency, Inc. (dba FarmPLUS Insurance Services)
Sellers
Tim Alderson, Amy Alderson, Shelton & Alderson Insurance Agency, Inc.
Industry
Insurance
Location
Virginia, United States
Transaction Type
Buyout

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