M&A - Arthur J. Gallagher & Co.
Form Type: 10-Q
Filing Date: 2025-05-02
Corporate Action: Acquisition
Type: New
Accession Number: 000095017025062859
Filing Summary: Arthur J. Gallagher & Co. reported its first quarter earnings for the period ending December 31, 2024. The company outlines its financial performance, highlighting several significant acquisitions, including the notable acquisition of Woodruff Sawyer Co. which occurred in March 2025. The report reflects on the company's revenue growth, operating expenses, and interest rates of their debt agreements. Key financial ratios and segment performance are discussed, focusing on the Brokerage and Risk Management segments. The document provides insights into current and future expected financial obligations under various debt instruments, along with a detailed analysis of foreign exchange contracts and related risks. The company remains optimistic about sustaining growth through strategic acquisitions while maintaining sound financial management practices.
Additional details:
Segment Name: BrokerageSegment
Segment Name: RiskManagementSegment
Debt Instrument: FixedRateOfFourPointTwoFourPercentBalloonDueJanuaryThirtyTwoThousandThirtyFive
Acquisition Name: WoodruffSawyerCo
Debt Agreement: NotePurchaseAgreement
Interest Rate Contracts: InterestRateContract
Performance Measures: PerformanceShares
Corporate Value: AccumulatedOtherComprehensiveIncome
Form Type: DEF 14A
Filing Date: 2025-03-24
Corporate Action: Acquisition
Type: New
Accession Number: 000095017025043725
Filing Summary: Arthur J. Gallagher & Co. filed a definitive proxy statement for its 2025 Annual Meeting of Stockholders, where stockholders are invited to votes on the election of directors, ratification of the independent auditor, and advisory approval of executive compensation. The company reported strong financial performance in 2024 with a 14.3% increase in adjusted revenue and a 20.7% increase in adjusted EBITDAC. In line with its growth strategy, Gallagher completed 48 acquisitions in 2024 and signed a definitive agreement to acquire AssuredPartners, pending regulatory approval. The board consists of experienced and diverse individuals, with ongoing efforts to engage stockholders and uphold strong governance practices. The meeting is scheduled for May 13, 2025, and stockholders who hold shares as of March 17, 2025, will be eligible to vote.
Additional details:
Financial Performance: adjusted revenue growth of 14.3% (to $11.3 billion) and adjusted EBITDAC growth of 20.7% (to $3.8 billion)
Acquisitions Completed: completed 48 acquisitions representing $387 million in estimated annualized revenue
Upcoming Acquisition: signed a definitive agreement to acquire AssuredPartners, subject to regulatory approval
Meeting Date: 2025-05-13
Meeting Time: 9:00 AM CDT
Voting Items: ["Elect nominees as directors","Ratify appointment of Ernst & Young LLP as auditor","Approve compensation of named executive officers"]
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