Law firm Stephenson Harwood LLP has advised existing client Arthur J. Gallagher & Co (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, on its acquisition of specialist UK insurance broker Stackhouse Poland Group Limited.
Gallagher, which is headquartered in Rolling Meadows, Illinois, has operations in 35 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants. Stackhouse Poland operates from a network of 23 offices across the UK and has well-established insurance divisions specialising in high-net-worth private clients, real estate, commercial, healthcare and a wide range of specialist insurance sectors.
A definitive agreement to acquire 100% of the equity of Stackhouse Poland Group Limited was signed in December 2018 with completion taking place in early April 2019 following receipt of regulatory approvals.
The Stephenson Harwood team advising Gallagher was led by partner Sam Gray and included senior associate Chris Cowley.