Arthur J. Gallagher & Co. has announced that the anticipated closure of its $13.45 billion acquisition of AssuredPartners Inc. will likely be pushed to the second half of 2025. Initially expected to be finalized in the first quarter, the revised timeline follows a request for additional information under the Hart-Scott-Rodino (HSR) Act, a regulatory process overseen by the Federal Trade Commission (FTC) and the Department of Justice (DOJ).
Regulatory Scrutiny Extends Review Period
Gallagher submitted an HSR filing as part of standard antitrust review procedures for large-scale transactions. The law typically enforces a 30-day waiting period before merging entities can move forward with integration. However, the request for further details extends this timeline until 30 days after Gallagher has complied with the additional information request.
Gallagher acknowledged that receiving such a request is a common part of the review process for transactions of this scale. The company emphasized that while the timeline has shifted, it remains committed to fulfilling regulatory requirements and progressing toward closing the deal.
Strategic Impact of the Acquisition
Initially announced in December 2024, the acquisition of AssuredPartners represents a significant expansion for Gallagher, reinforcing its position as the world’s third-largest brokerage firm. The deal is expected to bring Gallagher’s annual revenue to approximately $14 billion, enhancing its competitive standing in the insurance brokerage industry.
Despite the extended timeline, Gallagher has expressed confidence in completing the transaction. The company remains actively engaged in responding to regulatory requests and working toward a smooth integration process once approval is granted.
What Comes Next?
While the delay may impact the short-term timeline for the acquisition’s completion, Gallagher and AssuredPartners continue to operate independently as they await final regulatory clearance. Market observers will be watching closely as the antitrust review progresses, with an eye on how this consolidation may influence competition within the insurance brokerage sector.
As regulatory reviews unfold, Gallagher remains optimistic about the acquisition’s benefits and potential impact on the company’s long-term growth strategy. As the review process advances in the coming months, further updates are expected.