Arthur J. Gallagher & Co. Acquires Wellington Associates, Inc.
October 15, 2018
Arthur J. Gallagher & Co. acquired Flowood, Mississippi-based Wellington Associates, Inc., a full-service property/casualty and employee benefits agency. Terms were not disclosed; principals Walter "Buster" Wellington and William "Billy" Horne and their associates will continue to operate from their current location under Gallagher's regional leadership, strengthening Gallagher's presence and capabilities in Mississippi.
- Buyers
- Arthur J. Gallagher & Co.
- Targets
- Wellington Associates, Inc.
- Sellers
- Walter "Buster" Wellington, William "Billy" Horne, Their associates
- Industry
- Insurance
- Location
- Mississippi, United States
- Transaction Type
- Buyout
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