Arthur J. Gallagher (AJG) acquired New Zealand-based First Capital Financial Services and its affiliate First Capital Wealth Management. Terms of the transaction were not disclosed. First Capital is a financial advisory firm providing wealth management, risk management and employee benefits services to corporate clients and individuals throughout New Zealand from offices in Christchurch and Auckland. Hugh Percy and the First Capital team will operate under the direction of Graham Campbell, head of Gallagher’s employee benefits and HR consulting operations in Australia and New Zealand.
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