Arthur J. Gallagher & Co. Acquires The Daniels Group, Inc.
ROLLING MEADOWS, IL — Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of New Providence, New Jersey-based The Daniels Group, Inc. Terms of the transaction were not disclosed.
Founded in 1991, The Daniels Group is a full-service employee benefits consultant and broker serving corporations, schools, hospitals, municipalities, religious and nonprofit organizations — from plan design and implementation to ongoing plan administration. Kathleen Passantino and her associates will be relocating to Gallagher’s Whippany, New Jersey office under the direction of Kent Lonsdale, head of Gallagher’s Northeast employee benefit consulting and brokerage operations.
“The Daniels Group brings us complementary strengths in several practice areas and a similar company culture,” said J. Patrick Gallagher, Jr., Chairman, President and CEO. “I am very excited to welcome Kathy and her team to our growing Gallagher family of professionals.”