Arthur J. Gallagher & Co. Acquires Horak Insurance, Inc.
January 30, 2024
Arthur J. Gallagher & Co. acquired Washington, Iowa–based Horak Insurance, Inc., a retail property/casualty insurance agency serving commercial, personal and farm clients in eastern and central Iowa. Paul Horak and Luke Horak will remain with the business and continue operating under Gallagher’s Midwest retail property/casualty brokerage leadership; terms were not disclosed.
- Buyers
- Arthur J. Gallagher & Co.
- Targets
- Horak Insurance, Inc.
- Sellers
- Paul Horak, Luke Horak
- Industry
- Insurance
- Location
- Iowa, United States
- Transaction Type
- Buyout
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