Gallagher completes Buck acquisition

Arthur J. Gallagher & Co has completed its  acquisition of Buck.

In December Health & Protection reported Gallagher had reached agreement to buy rival HR and employee benefits consultancy Buck in a $585m (£481m) deal.

Buck is an integrated provider of HR, pensions and employee benefits consulting, technology, and administration services throughout the US, Canada and the UK.

Buck’s team of 2,300 employees will operate under the direction of William F. Ziebell, head of Gallagher’s employee benefits consulting and brokerage operations.

Patrick Gallagher, Jr., chairman, president and CEO of Gallagher, said: “I’m delighted to officially welcome our new Buck colleagues to the Gallagher family of professionals.

“Together, our complementary strengths within retirement, benefits consulting and administration services will enhance the value we deliver to our clients, and our collective expertise will provide tremendous opportunities for growth.”

 

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