ROLLING MEADOWS, Ill., Aug. 9, 2018 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Leystone Insurance & Financial, Inc. Terms of the transaction were not disclosed.

Founded in Ottawa, Ontario, in 2001, Leystone Insurance & Financial offers employee benefits and retirement consulting services, specializing in individual life insurance and investment strategies, for clients across the province of Ontario. David McCulloch, Darryl Phippen and their associates will continue to operate from their current location under the direction of Leslie Lemenager, head of Gallagher's international employee benefits consulting and brokerage operations.

"Leystone Financial is a well-regarded firm with similar core values that will strengthen Gallagher's footprint in Ottawa, Canada's capital," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am happy to welcome David, Darryl and their associates to our growing Gallagher family of professionals."

Arthur J. Gallagher & Co. AJG, a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. The company has operations in 34 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

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SOURCE Arthur J. Gallagher & Co.