Arthur J. Gallagher & Co. Acquires Clements Worldwide

October 18, 2023

Arthur J. Gallagher & Co. has acquired Clements Worldwide, a Washington, D.C.-based international insurance broker; terms were not disclosed. Clements' leadership and team will remain in place and will report into Gallagher's mid-South retail P&C brokerage operations, with the acquisition intended to bolster Gallagher's international capabilities and cross-selling opportunities.

Buyers
Arthur J. Gallagher & Co.
Targets
Clements Worldwide
Industry
Insurance
Location
District of Columbia, United States
Transaction Type
Buyout

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