Arthur J. Gallagher & Co. acquires NEK Insurance, Inc.

On December 19, 2022, Arthur J. Gallagher & Co. acquired NEK Insurance, Inc., an insurance company in California, United States.

Deal at a glance

AnnouncedDecember 19, 2022 TypeAdd-on Acquistion TargetNEK Insurance, Inc. Buyer Arthur J. Gallagher & Co. SectorInsurance LocationCalifornia, United States ValueNot disclosed

Target company

NEK Insurance, Inc.

California, United States

NEK Insurance is a retail insurance agency specializing in property/casualty coverages for daycare centers and k-8 schools, residential care facilities and small remodeling contractors, with underwriting authority in these three segments.

Insurancesector

1954founded

Activestatus

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Buyer

Arthur J. Gallagher & Co.

Company · 599 deals on record

195th transaction in insurance
162nd transaction in United States

599deals, all time

306in this sector

2026latest

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Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired NEK Insurance, Inc.?Arthur J. Gallagher & Co. acquired NEK Insurance, Inc. on December 19, 2022.

What type of deal was it?It was a add-on acquistion in the insurance sector in 2022.

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Source: company press release, December 19, 2022 · Data updated daily on AcquityData (Acquity Data).