Arthur J. Gallagher & Co. Acquires New Jersey’s The Daniels Group

Arthur J. Gallagher & Co. has acquired New Providence, N.J.-based The Daniels Group Inc. Terms of the transaction were not disclosed.

Founded in 1991, The Daniels Group is a full-service employee benefits consultant and broker serving corporations, schools, hospitals, municipalities, religious and nonprofit organizations from plan design and implementation to ongoing plan administration.

The Daniels Group President and CEO Kathleen Passantino and her associates will be relocating to Gallagher’s Whippany, N.J., office under the direction of Kent Lonsdale, head of Gallagher’s Northeast employee benefit consulting and brokerage operations.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Ill., has operations in 34 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

Source: Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions New Jersey A.J. Gallagher