Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired Gale Smith & Company Inc. of Brentwood, Tenn. Financial terms were not released.
The Gallagher firm said Gale Smith & Company, established in 1868, is a retail insurance broker offering risk management, commercial property-casualty and accident-health insurance services to clients throughout the central and mid-southern United States.
Gale Smith specializes in the construction, transportation, religious and not-for-profit industries with a focus on larger accounts.
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