Broker acquires companies in four US states

Dollars

Acquisitive broking group Arthur J Gallagher has bought four US employee benefits consulting firms over two days.

On Wednesday, the broker bought Kansas-based Hardman & Howell Benefits and Florida-based Corporate Benefits Advisors.

On Thursday, Gallagher acquired Georgia-based Argus Benefits and Indiana-based Gardner & White Corporation.

Gallagher did not disclose the financial terms of any of the four deals.

The companies will continue to operate in their existing locations under their existing management teams.