ITASCA, Ill., March 19 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced the acquisition of Providium Consulting Group, LLC headquartered in Fairport, New York. Terms of the transaction were not disclosed.
Formed in 2002, Providium Consulting Group offers employee benefit consulting and brokerage services as well as human resource consulting services to their clients in the Northeastern United States. They provide strategic and operational human resource services and benefit plan design with an emphasis on implementation, compliance and cost-containment. Richard Bannister, Keith Williams and their associates will continue to operate from their Fairport and Buffalo, New York locations under the direction of David Ziegler, Eastern Regional Executive Vice President of Gallagher's employee benefit consulting and brokerage operations.
"We continue to find excellent merger partners that help us expand both our sales and service capabilities and our geographic presence," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Providium Consulting has built an excellent reputation for delivering added value to their clients through their teamwork approach to quality service. Their culture will be a wonderful complement to our employee benefit brokerage operations, and we are pleased to welcome Rich, Keith and their team to our growing Gallagher family of professionals."
Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 13 countries and does business in more than 100 countries around the world through a network of correspondent brokers and consultants. Gallagher is traded on the New York Stock Exchange under the symbol AJG.
Arthur J. Gallagher & Co.
