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Illinois-based insurance brokerage, Arthur J. Gallagher & Co., has acquired Capitol Benefits Group in Oklahoma City. Terms of the transaction were not disclosed.

Founded in 1999, Capitol Benefits Group (Capitol) is an employee benefits insurance broker that provides employee benefits insurance products and consulting services to small and middle-market businesses and individual clients throughout the Central United States. The firm specializes in strategic planning, building tailored benefit programs and other HR/benefit solutions such as wellness plans, compliance support and employee communications.

Charles Paine, Diane Paine and their team will continue to operate from their current location under the direction of John Neumaier, head of Gallagher’s South Central employee benefit consulting and brokerage operations.

Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions Oklahoma Employee Benefits