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Arthur J. Gallagher’s Latest Acquisition Buzz: Why Cincinnati Matters Now!

Arthur J. Gallagher has continued to reinforce its acquisition-led growth model with the June 23, 2026 announcement that it acquired Ohio-based Cincinnati Benefit Solutions, LLC, an employee benefits adviser serving small businesses across Cincinnati and nearby markets. Terms were not disclosed, and Drew Locaputo’s team will remain in its current location under Brian Lomas, who leads Gallagher’s Great Lakes employee benefits consulting and brokerage operations. The deal follows a strong Q1 2026 in which Gallagher reported 28% combined Brokerage and Risk Management revenue growth, including 5% organic growth and 23% M&A contribution, with management highlighting benefits, retail P/C, wholesale, reinsurance, and Gallagher Bassett as areas of broad momentum. The acquisition is small in scale, but strategically relevant: it adds local benefits expertise in Ohio while fitting Gallagher’s wider strategy of tuck-in acquisitions, culture-led integration, and adviser-driven organic growth.