Arthur J. Gallagher & Co. Acquires Accompass Inc.

ROLLING MEADOWS, Ill., Dec. 10, 2018 /CNW/ -- Arthur J. Gallagher & Co. today announced the acquisition of Toronto-based Accompass Inc. Terms of the transaction were not disclosed.

Founded by Michael Worb in 1997, Accompass offers a full range of health & welfare, investment & retirement, executive compensation, and broad-based compensation consulting and support services to clients throughout Canada. Sarah Beech, Mark Dowdell and their associates will continue to operate from their current location under the direction of Leslie Lemenager, head of Gallagher's international employee benefits consulting and brokerage operations.

 "Accompass's client-focused approach and their recognition in the market as a great place to work closely align with our own core values," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "In addition, their strong presence with both Toronto-based and national organizations further expands our footprint across Canada."

"Accompass is a leading Canadian employee benefits, retirement planning and compensation consulting firm that comes to us with a vast suite of tools and resources to complement our growing capabilities throughout Canada," said Leslie Lemenager. "I am thrilled to welcome their entire team to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 35 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

SOURCE Arthur J. Gallagher & Co.