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Arthur J. Gallagher & Co. Acquires Innovu Group Holding Company Limited

Jun 24, 2022about 3 years ago

Acquiring Company

Gallagher

Acquired Company

INNOVU Group Holding Limited

Rolling MeadowsFinancial ServicesFinance

Description

Arthur J. Gallagher & Co. today announced the acquisition of Wexford, Ireland-based INNOVU Group Holding Company Limited ("INNOVU Insurance"). Terms of the transaction were not disclosed.

Company Information

Company

Gallagher

Location

Rolling Meadows, Illinois, United States

About

MACK Insurance Services is a commercial insurance broker specializing in the agriculture sector. They focus on providing insurance solutions tailored to agriculture-related businesses.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed