ITASCA, Ill., Jan. 31 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced that effective January 31, 2008, it has completed the previously reported acquisition of Yanni Partners, Inc. of Pittsburgh, Pennsylvania. Terms of the transaction were not disclosed.
Founded in 1989, Yanni Partners, Inc. is an institutional investment consulting firm offering investment strategy development, defined contribution/benefit plan investment consulting, spending policy analysis, performance analysis and investment manager selection to their clients throughout the United States. Their specialization includes healthcare organizations, endowments/foundations, Taft-Hartley Plans, public funds, and religious organizations. Theresa Scotti, Frank Domeisen and their staff will continue to operate at their current Pittsburgh location under the direction of Michael J. DiCenso, National Practice Leader of Gallagher Retirement Services, a division of Arthur J. Gallagher & Co.'s employee benefits operation.
"Yanni Partners' teamwork approach to quality service has played a major part in their success over the last 18 years," said J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J. Gallagher & Co. "Their investment consulting specialization makes them a terrific complement to our employee benefits operation's retirement services niche. We are pleased to welcome Theresa, Frank and their associates 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 thirteen 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.
