Arthur J. Gallagher & Co. (NYSE: AJG), a publicly traded insurance brokerage and risk management services firm headquartered in Itasca, Ill., said it has bought employee benefits consultant Herbruck, Alder & Co. of Cleveland in a deal that will enable the local firm to grow its work force and services.
Mark Alder, president of Herbruck Alder, said his firm at present serves clients in Northeast Ohio but now “will be able to get after business outside” the region as part of a company with a market capitalization of more than $4 billion.
Click here to read the article on the Crain's Cleveland website.
Friday, December 17, 2010
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