Arthur J. Gallagher & Co. has announced the acquisition of London-based investment consulting firm Redington, which offers investment, research, and technology services primarily for pension funds and institutional investors. Redington’s CEO, Sylvia Pozezanac, and her team will continue to operate from their current location, reporting to Gallagher’s David Piltz. Gallagher’s Chairman and CEO, J. Patrick Gallagher, Jr., expressed enthusiasm for the acquisition, highlighting Redington’s expertise in investment consulting as a valuable addition to their services. In related financial performance, Gallagher reported a 12% increase in net earnings year-over-year for Q3 2024, totaling $314.1 million.
