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Arthur J. Gallagher & Co. has acquired Broker Benefit Services L.L.C. in Chesterfield, Mo. Terms of the transaction were not disclosed.

Founded in 2001, Broker Benefit Services offers employee benefit brokerage and consulting services for clients throughout the Midwest. The firm specializes in group health and welfare, executive benefits and wellness plans with an emphasis on planning, design, implementation and cost containment for group businesses.

Corey M. Durbin, John H. Byrne and their associates will continue to operate in their current location under the direction of William Ziebell, north central regional executive vice president of Gallagher’s employee benefit consulting and brokerage operations.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill.

Topics Mergers & Acquisitions Agencies