Affiliated Benefit Consultants was founded in 1986 and is based in Oakbrook, Illinois.
Following the acquisition, President John Araujo and his associates will continue to operate in their current location.
Going forward, they will work under the direction of Tom Lannen, head of Gallagher’s Great Lakes region employee benefits consulting and brokerage operations.
“Affiliated Benefit Consultants is a growth-oriented benefit consultant with a great reputation and a strong culture that is closely aligned with our own,” said J. Patrick Gallagher, Jr., Chairman, President and CEO at Arthur J. Gallagher.
“I am delighted to welcome John and his associates to our growing, global team,” he added.
Arthur J. Gallagher did not disclose any terms of the transaction with Affiliated Benefit Consultants.