Arthur J. Gallagher & Co. (AJG) announced it has signed a definitive agreement to acquire Williamsville, New York-based The Evans Agency, a wholly-owned subsidiary of Evans Bancorp (EVBN). The transaction is expected to close during the Q4. The Evans Agency is a commercial property/casualty insurance broker with public entity and scholastic expertise, serving clients throughout Western New York. The agency also offers personal lines and employee benefits services. Aaron Whitehouse and his team will operate under the direction of Patrick Kennedy, head of Gallagher’s Northeast region retail property/casualty brokerage operations.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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 & Co. Acquires WDK Benefits, LLC
- Arthur J. Gallagher & Co. Signs Agreement to Acquire The Evans Agency, LLC
- Evans Bancorp to sell The Evans Agency insurance ops to Arthur J. Gallagher
- Arthur J. Gallagher & Co. Acquires Keaney Insurance Brokers Ltd
- Arthur J. Gallagher acquires Keaney Insurance Brokers, terms undisclosed