Arthur J. Gallagher & Co. (NYSE:AJG) has acquired S.P. Tarantino Insurance Brokerage Inc. of San Francisco. Terms of the transaction were not disclosed.
Founded in 1979, S. P. Tarantino Insurance Brokerage is a full- service retail insurance broker offering risk management and commercial property/casualty insurance services. The company also specializes in insurance programs for the restaurant, hospitality, manufacturing, trucking and property-owner industries. Salvatore Tarantino, chairman, Donald Tarantino, president, and their team will continue to operate as Gallagher-Tarantino in their current San Francisco location under the direction of James McFarlane, West Coast Regional Manager of Gallagher’s Brokerage Services Retail Division.
J. Patrick Gallagher, Jr., president and CEO, said, “With almost 30 years of brokerage experience, S.P. Tarantino is an excellent example of our merger partner of choice. Their outstanding client-focused philosophy, depth of experience, sales culture, and strategic specializations fit perfectly within our western region.”
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill.
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