Arthur J. Gallagher & Co. Acquires VEBA Service Group, LLC; Terms Not Disclosed

Arthur J. Gallagher & Co.

today announced the acquisition of VEBA Service Group, LLC headquartered in Spokane, Washington. Terms of the transaction were not disclosed. Formed in 1984, VEBA Service Group, LLC (VSG) is a health reimbursement arrangement (HRA) consulting firm that assists in the design and implementation of tax-advantaged health care reimbursement plans. These programs help provide prefunding of current and post-retirement out-of-pocket health care costs for their clients' employees. They specialize in governmental, public sector, higher education, and school district clients primarily in the Northwestern United States. Mark Wilkerson and his associates will continue to operate from their current Washington locations of Spokane, Sumner, Kennewick and Vancouver under the direction of Norbert Chung, Western Region Executive Vice President of Gallagher's employee benefit consulting and brokerage operations.