ITASCA, Ill., July 11, 2012 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Triad USA, Inc. in Pittsburgh, Pennsylvania. Terms of the transaction were not disclosed.
Formed in 1998, Triad USA, Inc. offers employee benefits brokerage and consulting services that provide customized benefit plan analytics and design, network management, employee communication and ongoing service support for their middle-market clients throughout the U.S. In addition, they have developed expertise and capabilities in the areas of wellness, health and productivity improvement and chronic condition management. Gus P. Georgiadis, James H. McTiernan, James J. Patton and their colleagues will continue to operate at their current location under the direction of David M. Ziegler, Executive Vice President and Eastern Regional Manager of Gallagher's employee benefits consulting and brokerage operations.
"Triad is well-known in the industry for having a wealth of experience, exceptional carrier relationships and a commitment to strong, long-term client partnerships," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Their culture-based, team approach to quality client service and high levels of expertise will be an excellent complement to our employee benefits operations. We are pleased to welcome Gus, Jim, Jim 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 17 countries and offers client-service capabilities in more than 110 countries around the world through a network of correspondent brokers and consultants.
CONTACT:Marsha Akin
Director - Investor Relations
630-285-3501/marsha_akin@ajg.com
SOURCEArthur J. Gallagher & Co.
