Arthur J. Gallagher & Co. Acquires MGC Group and AAFBC
January 4, 2023
Arthur J. Gallagher & Co. acquired Corporate Insurance Analysts, Inc. (dba MGC Group) and The Agents Association of FB Companies (AAFBC). The acquisition expands Gallagher Affinity’s group/association insurance capabilities and brings John Matthews and his team into Gallagher’s Affinity North America operations; terms were not disclosed.
- Buyers
- Arthur J. Gallagher & Co.
- Targets
- Corporate Insurance Analysts, Inc. (d/b/a MGC Group), The Agents Association of FB Companies (AAFBC)
- Industry
- Insurance
- Location
- United States
- Transaction Type
- Buyout
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