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Arthur J. Gallagher & Co. Acquires Washington-based Brokerage



Arthur J. Gallagher & Co. Acquires ClearPoint Financial, Inc.

ROLLING MEADOWS, IL -- Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of Bellevue, Washington-based ClearPoint Financial, Inc. Terms of the transaction were not disclosed.

ClearPoint Financial is a retirement plan consultant and investment analyst serving the corporate retirement plan marketplace across the Northwestern United States. Paul Grutzner, Michael Brown and their associates will continue to operate from their current location under the direction of Norbert Chung, head of Gallagher's Western employee benefits consulting and brokerage operations.

"The team at ClearPoint is highly regarded for their depth and breadth of knowledge in the corporate retirement plan industry. They are eager to further expand their opportunities by joining forces with us," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Michael, Paul and their associates to our growing Gallagher family of professionals."

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