Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of the healthcare consulting firm, The Benfield Group. Headquartered in St. Louis, the firm also has offices in Chicago, Washington, D.C. and Atlanta. Terms of the transaction were not disclosed.
Founded in 1989, The Benfield Group is a healthcare consulting firm that offers research, strategy and communication services for their healthcare company and large account clients throughout the United States. They specialize in helping healthcare companies market their value proposition to large employers; conducting consumer, patient and physician research; and providing employers with strategic communications support. Chuck Reynolds, Scott Thompson and their associates, will continue to operate from their current locations under the direction of William Ziebell, head of Gallagher's North Central employee benefit consulting and brokerage operations.
"Because of its unique offering, specialized healthcare focus and serviced-based culture, The Benfield Group will be a great complement to our existing employee benefit consulting capabilities," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am delighted to welcome Chuck, Scott and their associates to our growing family of professionals."
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