On January 4, 2019, Arthur J. Gallagher Canada Limited, a subsidiary of Arthur J. Gallagher & Co. (AJG), completed its acquisition of Jones Brown Inc. and its subsidiaries (Jones Brown) from its direct and indirect shareholders. Jones Brown is a retail property/casualty insurance broker offering a full range of commercial and personal insurance services throughout Canada, including offices in Toronto and Hamilton, Ontario; Calgary, Alberta; and Vancouver, British Columbia. “Jones Brown is a highly regarded, well-run broker that brings us complementary expertise, new geographies and a similar company culture, I am very happy to welcome our colleagues at Jones Brown to Gallagher.” J. Patrick Gallagher, Jr., Chairman, President and CEO of AJG noted in a statement.
AJG is a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 35 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 in this transaction with a team led by A. Wojtek Baraniak (M&A/Corporate) that included: Jack Yu, Justine Connors, Valerie Eisen, Simar Anand and Zach Austin (M&A/Corporate), Jackie VanDerMeulen and Rachel Younan (Employment), Ross Gascho (Benefits), Armand Benitah (IP), Kevin Yip (Tax), Craig Bellefontaine (Insurance Regulatory) and Robert Iaccino (Real Estate).
The Fasken team worked hand in hand with AJG’s senior management and its legal team led by Frank Reda, Chief Legal Counsel, AJG Canada.
