Arthur J. Gallagher (AJG) Acquires London-Based Argentis

November 10, 2016 6:07 AM EST

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Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of Argentis based in London, England. Terms of the transaction were not disclosed.

Founded in 2005, Argentis is a financial planning and employee benefits consultant that provides benefit and wealth management services to private and corporate clients throughout the United Kingdom. They specialize in corporate employee benefits consulting and individual wealth management services, including investment solutions, executive pensions, estate planning, insurance protection and retirement planning. David Taplin and his colleagues will continue to operate from their current locations in southern England, reporting through Leslie Lemenager, head of Gallagher's international employee benefit consulting and brokerage operations.

"The Argentis team has the expertise, professional partnerships and high-quality service that we value in an acquisition partner," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "In addition, their strong presence in England and their team-based sales culture will be terrific complements to our growing U.K. employee benefits consulting operation. We are pleased to welcome David and his associates to our Gallagher family of professionals."

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