Core Viewpoint - Arthur J. Gallagher & Co. has successfully completed the acquisition of AssuredPartners, enhancing its capabilities in the insurance brokerage sector and expanding its client offerings [1][2]. Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [8]. - AssuredPartners is recognized as a leading U.S. insurance broker with a diverse client base across commercial property/casualty, specialty, employee benefits, and personal lines [2]. Transaction Details - The acquisition was financed through net proceeds from previously disclosed equity and debt financing transactions [3]. - The Compensation Committee approved $316.15 million in equity awards to 572 former AssuredPartners employees to aid in retention, with vesting schedules set for immediate and subsequent anniversaries [4]. Expected Benefits - The transaction is anticipated to deepen Gallagher's capabilities in niche practice groups such as Transportation, Energy, Healthcare, and Government Contractors [6]. - It aims to create new business opportunities by leveraging Gallagher's expertise, data analytics, and extensive product offerings [6]. - The acquisition is expected to be financially attractive, with estimated double-digit adjusted EPS accretion, including the impact of synergies [6].