Arthur J. Gallagher & Co. Acquires Acumen Advisors, Inc.

PR Newswire

ROLLING MEADOWS, Ill. , May 13, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Cedar Rapids, Iowa -based Acumen Advisors, Inc. (Acumen). Terms of the transaction were not disclosed.

Acumen is an employee benefits consultant serving small and mid-size businesses throughout Iowa . Andrew Morf , Kirby Moss and their team will remain in their current locations under the direction of Tom Lannen , head of Gallagher's Midwest region employee benefits consulting operations.

"Acumen is a highly regarded firm that will expand our employee benefits offerings in the region," said J. Patrick Gallagher, Jr. , Chairman and CEO. "I am delighted to welcome Andrew, Kirby and their associates to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois . Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors: Ray Iardella , VP - Investor Relations         Media: Paul Day , Communications Manager
630-285-3661/ ray_iardella@ajg.com 630-285-5946/ paul_day1@ajg.com

SOURCE Arthur J. Gallagher & Co.