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Arthur J. Gallaher (NYSE : AJG) / Assured Partners Deal | A Case Study

The case study analyzes Arthur J. Gallagher's (AJG) acquisition of Assured Partners, a private equity-backed insurance broker. Historically, private equity firms have dominated insurance broker acquisitions, and AJG's $13.45 billion purchase represents a significant move in the industry. The deal, financed through a mix of equity and debt, is expected to be highly accretive to AJG's earnings. The analysis highlights the strategic advantages for AJG, including synergies, scale, and favorable financing terms. While Assured’s shareholders received a solid valuation of 12x-13x proforma EBITDA, the deal was ultimately deemed a strong outcome for both parties given market conditions.

 

To learn more about this case study, please download the full PDF, which provides in-depth financial analysis, industry insights, and strategic implications of the acquisition.