Illinois-based Arthur J. Gallagher & Co. announced Dec. 29 its acquisition of Jacksonville-based Harden & Associates Inc.
The news release said the terms of the transaction were not disclosed.
Harden offers insurance, risk management, employee benefits and other services to businesses and individuals in Florida. It has a focus on the health care, real estate and construction industries.
Gallagher is a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, outside of Chicago.
It has offices in 49 countries and offers its services in 150 countries through a network of brokers and consultants.
“Harden will further strengthen our healthcare and real estate practices in the Southeast, as well as expand our presence in North Florida and along the East Coast of Florida and Georgia,” J. Patrick Gallagher Jr., chairman, president and CEO, said in the news release.
“We are elated to welcome Ceree and his associates to our growing global team.”
CEO M.C. “Ceree” Harden III and other employees will continue to operate from their offices in Jacksonville, Amelia Island, Fort Lauderdale and Tampa.
Harden’s corporate headquarters are at 501 Riverside Ave., Suite 1000. It was founded in 1953.
Gallagher’s Southeast head of retail property and casualty brokerage operations Peter Doyle and Gallagher’s Southeast head of employee benefit consulting John Tournet will oversee Harden’s team.