Gallagher swoops for Illinois firm

Deal expands broker's presence and expertise in the real estate space

Gallagher swoops for Illinois firm

Mergers & Acquisitions

By Ryan Smith

Arthur J. Gallagher & Co. has announced the acquisition of Illinois-based Hruska Insurancenter. Terms of the transaction were not disclosed.

Founded in 1956, Hruska Insurancenter is a retail property-casualty brokerage with a special focus on serving commercial real estate clients, including condominiums and apartment complexes. The company also supports a spectrum of other commercial and personal lines clients, primarily in the Chicagoland area and upper Midwest.

Charles J. Hruska III and his associates will continue to operate from their location in Mokena, Ill. They will report to Ryan Isaacs, head of Gallagher’s Midwest region retail P&C brokerage operations.

“Hruska Insurancenter is a specialist broker that will further expand our presence, markets and expertise in the habitational and commercial real estate market,” said J. Patrick Gallagher Jr., chairman, president and CEO of Arthur J. Gallagher. “I am very pleased to welcome Chuck and his associates to Gallagher.”

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