Arthur J. Gallagher announced the acquisition of UK-based MCMM Services Limited, or MCMM. Terms of the transaction were not disclosed. MCMM provides administrative and claims management services to members of Education Mutual, a mutual insurer that offers staff absence insurance to UK state schools and academies. Based in Mansfield, England, Les Marshall and his team will operate as part of Gallagher’s education practice under the leadership of Tim Devine, regional managing director.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AJG:
- Arthur J. Gallagher initiated with a Market Perform at TD Cowen
- Arthur J. Gallagher downgraded to Hold from Buy at Jefferies
- Arthur J. Gallagher acquires Koberich Financial Lines, terms undisclosed
- Arthur J. Gallagher & Co. Acquires Köberich Financial Lines
- Arthur J. Gallagher downgraded to Underperform at Keefe Bruyette