ROLLING
MEADOWS, Ill., March 21,
2023 /PRNewswire/ -- Arthur J. Gallagher &
Co. today announced the acquisition of Phoenix, Arizona-based Viking Bond Service,
Inc. Terms of the transaction were not disclosed.
Founded in 2002, Viking Bond Service is a surety bond agency
specializing in commercial, contract and fidelity bonds for clients
across the United States.
Tom Buckner, Bill Belpedio and their team will operate under
the direction of Kevin Garvin, head
of Affinity North America for Gallagher's retail property/casualty
brokerage operations.
"Viking Bond Service complements our existing surety offerings
and deepens our expertise in this market," said J. Patrick Gallagher, Jr., Chairman, President and
CEO. "I am very pleased to welcome Tom, Bill and their associates
to Gallagher."
Arthur J. Gallagher & Co.
(NYSE: AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides
these services in approximately 130 countries around the world
through its owned operations and a network of correspondent brokers
and consultants.
Investors: Ray
Iardella, VP - Investor Relations
|
Media: Paul Day,
Communications Manager
|
630-285-3661/
ray_iardella@ajg.com
|
630-285-5946/
paul_day1@ajg.com
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-viking-bond-service-inc-301777109.html
SOURCE Arthur J. Gallagher &
Co.