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

Jun 24, 2022•about 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

Gallagher, a global insurance brokerage, risk management, and consulting firm, serves communities around the globe, helping clients address risk, protecting assets, and recovering from losses. The products and services we provide keep businesses and institutions running, and enable individuals and families to face their future with confidence.

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

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

Description

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