Arthur J. Gallagher & Co. Acquires Texas-Based Employee Benefits Agency Mund Group, Ltd.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Mund Group, Ltd., an employee benefits agency based in New Braunfels, Texas. While the financial terms of the transaction were not disclosed, the move is intended to strengthen Gallagher's employee benefits consulting capabilities and market presence within the state of Texas. The Mund Group team, led by Jeff, Brandon, and Kristopher Mund, will continue to operate from their current location. They will report to Leah Vetter, head of Gallagher's Central region employee benefits consulting operations. This acquisition aligns with Gallagher's ongoing strategy of expanding its global insurance brokerage and risk management footprint through strategic regional acquisitions.
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Topics: Corporate Expansion Employee Benefits Insurance Brokerage M&A
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Part of the story Arthur J. Gallagher & Co. Acquires Texas-Based Employee Benefits Agency Mund Group, Ltd. (3 articles)