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Arthur J. Gallagher & Co. has acquired Altman & Cronin Benefit Consultants LLC in San Francisco, Calif.

Terms of the deal were not disclosed.

Ian Altman and his colleagues will continue to operate from their San Francisco location under the direction of Norbert Chung, head of Gallagher’s Western employee benefits consulting and brokerage operations.

Altman & Cronin is an actuarial employee benefits consultancy that offers retirement and administration services to middle and large institutional clients throughout the U.S.

Itasca, Ill.-based Arthur J. Gallagher is an insurance brokerage and risk management services firm.

Topics Mergers & Acquisitions California