Arthur J. Gallagher & Co., an insurance, risk management and consulting services provider, has acquired London-based investment consulting firm Redington Ltd.
Terms of the transaction were not disclosed.
Arthur J. Gallagher & Co., a global insurance brokerage and risk management firm based in Rolling Meadows, Illinois, operates in 130 countries through its own offices and a network of partner brokers and consultants.
Redington provides investment, research and technology services to pension funds, wealth managers and institutional investor clients primarily in the UK. Sylvia Pozezanac and her team will remain in their current location under the guidance of David Piltz, head of Gallagher’s UK employee benefits and HR consulting operations.
“As a leader in the investment consulting space, Redington brings exceptional talent and represents a fantastic cultural fit. Their capabilities in modelling and investment market research will enhance our existing consulting services and help our clients achieve superior financial security outcomes,” said J. Patrick Gallagher, Jr., chairman and CEO.
