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AI brief of an SEC Form 8-K · Arthur J. Gallagher & (AJG)

Gallagher closes $13.8 billion AssuredPartners acquisition

Neutral Impact 4 of 5 m&a Written later

Arthur J. Gallagher & Co. completed its acquisition of Dolphin Topco, Inc., the holding company of AssuredPartners, on August 18, 2025, paying the seller $13.8 billion in cash subject to customary adjustments. The company financed the deal with net proceeds from previously disclosed equity and debt financings, and it estimates double-digit adjusted EPS accretion including synergies.

Key points

  • Cash purchase price of $13.8 billion paid to The AssuredPartners Group LP, subject to customary adjustments
  • Stock Purchase Agreement dated December 7, 2024, covers all issued and outstanding stock of Dolphin Topco, Inc.
  • Equity awards of $316.15 million payable in Gallagher common stock granted to 572 former AssuredPartners employees
  • Gallagher estimates double-digit adjusted EPS accretion including the impact of synergies

The filing

CompanyArthur J. Gallagher & (AJG)
Form8-K, current report
Filed with the SECAug 18, 2025, 8:18 AM ET
Accession number0000354190-25-000019

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.