Arthur J. Gallagher & Co. Acquires Statewide Commercial Insurance Brokers
November 4, 2024
Arthur J. Gallagher & Co. (Gallagher) acquired American Matar International, Inc., dba Statewide Commercial Insurance Brokers, a California-based retail property/casualty agency specializing in insurance for construction contractors. The team led by Lana Matar will remain in place and operate under Gallagher’s Southwest region retail property/casualty brokerage leadership to augment Gallagher’s capabilities in Southern California.
- Buyers
- Arthur J. Gallagher & Co.
- Targets
- American Matar International, Inc. (dba Statewide Commercial Insurance Brokers)
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Buyout
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