On August 9, 2018, Gallagher Benefit Services (Canada) Group Inc., a subsidiary of Arthur J. Gallagher & Co. (AJG), announced the acquisition of Leystone Insurance & Financial, Inc. (“Leystone”). The terms of the transaction were not disclosed. Leystone offers employee benefits and retirement consulting services, specializing in individual life insurance and investment strategies, to clients throughout Ontario. AJG, an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois, has operations in 34 countries, and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Fasken advised AJG on the acquisition of Leystone with a team that included Wojtek Baraniak, Julia Kennedy, Tracey Hooey, Jack Yu and Yufei Luo.
