Eastern and Cadence deals represent ~$275mn acquired revenue: Pat Gallagher
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Eastern and Cadence deals represent ~$275mn acquired revenue: Pat Gallagher

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AJ Gallagher chairman and CEO Pat Gallagher said that recent acquisitions of the insurance operations of Eastern Bank and Cadence Bank represent total pro forma annualized revenue of around $275mn.

On a call with analysts, Gallagher said: “Building on our success from the 2022 M&T Bank transaction, we are extremely excited about these mergers and believe these two regional banks have built brokerage businesses that operate and feel a...

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