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Arthur J. Gallagher & Co. Acquires Minnesota-based Agency

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Arthur J. Gallagher & Co. Acquires Dicentra Pension Services, LLC

ROLLING MEADOWS, IL -- Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of Golden Valley, Minnesota-based Dicentra Pension Services, LLC. Terms of the transaction were not disclosed.

Founded in 2016 by Nicole Ceurvorst and Alan Pitts, Dicentra Pension Services offers pension plan de-risking, actuarial consulting, administration and plan termination services to small and mid-sized employers across the United States. Nicole, Alan and their associates will be relocating to Gallagher's Minneapolis office under the direction of John Neumaier, head of Gallagher's Great Lakes employee benefits consulting and brokerage operations.

"Dicentra brings to Gallagher significant strengths in pension consulting and administration, particularly in the highly specialized area of pension plan de-risking," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am excited to welcome Nicole, Alan and their associates to our growing Gallagher family of professionals."

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