Gallagher swoops in for IL-based Affiliated Benefit Consultants

Arthur J. Gallagher & Co. has acquired Affiliated Benefit Consultants in Oakbrook, IL. Terms of the transaction were not disclosed. Affiliated Benefit Consultants, founded 1986, provides a range of benefits consulting services to clients throughout the US. Following the transaction, Affiliated Benefit Consultants president John Araujo and his associates will continue to operate in their current location under the direction of Gallagher Great Lakes region employee benefits consulting and brokerage operations head Tom Lannen. According to Patrick Gallagher, Jr. – chairman, president and CEO of Gallagher – Affiliated Benefit Consultants is a “growth-oriented” benefit consultant with a stellar reputation and a culture that greatly resembles Gallagher’s.