{"id":402804,"date":"2020-12-18T09:03:19","date_gmt":"2020-12-18T14:03:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402804"},"modified":"2020-12-18T09:03:19","modified_gmt":"2020-12-18T14:03:19","slug":"arthur-j-gallagher-co-acquires-piatx-llc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-piatx-llc\/","title":{"rendered":"Arthur J. Gallagher &amp; Co. Acquires PIATX, LLC"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ROLLING MEADOWS, Ill.<\/span>, <span class=\"xn-chron\">Dec. 18, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of <span class=\"xn-location\">San Antonio<\/span>-based PIATX, LLC. Terms of the transaction were not disclosed.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/597229\/Arthur_J_Gallagher_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/597229\/Arthur_J_Gallagher_Logo.jpg\" title=\"Arthur J. Gallagher &amp; Co. Logo (PRNewsfoto\/Arthur J. Gallagher &amp; Co.)\" alt=\"Arthur J. Gallagher &amp; Co. Logo (PRNewsfoto\/Arthur J. Gallagher &amp; Co.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Founded in 2009, PIATX is an employee benefits broker and consultant focused on delivering responsive and innovative coverages and services to businesses across the state of <span class=\"xn-location\">Texas<\/span>. The team will add to Gallagher&#8217;s existing benefits capabilities in <span class=\"xn-location\">San Antonio<\/span> and expand its footprint in the <span class=\"xn-location\">Texas<\/span> small group benefits space. <span class=\"xn-person\">Edward King<\/span> and his associates will relocate to Gallagher&#8217;s existing <span class=\"xn-location\">San Antonio<\/span> office, led by <span class=\"xn-person\">Walter Sprang<\/span>, under the direction of <span class=\"xn-person\">Robby White<\/span>, head of Gallagher&#8217;s South Central Region employee benefits consulting and brokerage operations.\u00a0<\/p>\n<p>&#8220;The PIATX team represents a great cultural fit with Gallagher, embodying our dual focus on driving sales growth while delivering responsive client service,&#8221; said J. <span class=\"xn-person\">Patrick Gallagher, Jr.<\/span>, Chairman, President and CEO. &#8220;I am very pleased to welcome Eddie and his associates to our growing, global team.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in\u00a0Rolling Meadows,\u00a0Illinois. The company has operations in 49 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.<\/p>\n<div>\n<table id=\"convertedTablec86f\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investors:\u00a0 Ray Iardella<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Media:\u00a0 Linda J. Collins\u00a0 \u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">VP \u2013 Investor Relations<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">VP \u2013 Corporate Communications<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">630-285-3661\/\u00a0<a target=\"_blank\" href=\"mailto:ray_iardella@ajg.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">ray_iardella@ajg.com<\/a><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">630-285-4009\/\u00a0<a target=\"_blank\" href=\"mailto:linda_collins@ajg.com\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">linda_collins@ajg.com<\/a>\u00a0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG28571&amp;sd=2020-12-18\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher--co-acquires-piatx-llc-301195872.html\">http:\/\/www.prnewswire.com\/news-releases\/arthur-j-gallagher&#8211;co-acquires-piatx-llc-301195872.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Arthur J. Gallagher<\/span> &amp; Co.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG28571&amp;Transmission_Id=202012180900PR_NEWS_USPR_____CG28571&amp;DateId=20201218\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ROLLING MEADOWS, Ill., Dec. 18, 2020 \/PRNewswire\/ &#8212;\u00a0Arthur J. Gallagher &amp; Co.\u00a0(NYSE: AJG) today announced the acquisition of San Antonio-based PIATX, LLC. Terms of the transaction were not disclosed. Founded in 2009, PIATX is an employee benefits broker and consultant focused on delivering responsive and innovative coverages and services to businesses across the state of Texas. The team will add to Gallagher&#8217;s existing benefits capabilities in San Antonio and expand its footprint in the Texas small group benefits space. Edward King and his associates will relocate to Gallagher&#8217;s existing San Antonio office, led by Walter Sprang, under the direction of Robby White, head of Gallagher&#8217;s South Central Region employee benefits consulting and brokerage operations.\u00a0 &#8220;The PIATX team represents &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-piatx-llc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arthur J. Gallagher &amp; Co. Acquires PIATX, LLC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402804","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arthur J. Gallagher &amp; Co. Acquires PIATX, LLC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arthur-j-gallagher-co-acquires-piatx-llc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arthur J. Gallagher &amp; Co. 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