Arthur J. Gallagher & Co. announced it has completed its acquisition of UK specialist insurance broker Stackhouse Poland Group Ltd., which was first announced in January 2019.
Financial details of the deal were not released.
Guildford, England-based Stackhouse Poland was founded in 1974 as a local community broker. Via organic growth and acquisitions, Stackhouse Poland has become a large-scale specialist UK insurance broker generating over £55 million ($70 million) in annualized revenues, said Gallagher in a statement issued in January when the deal was first announced.
Stackhouse Poland operates from 23 UK offices and specializes in high-net-worth private clients, real estate, commercial, healthcare and a wide range of specialist insurance sectors, said Rolling Meadows, Ill.-based Gallagher.
Source: Arthur J. Gallagher & Co.
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