On October 4, 2017, Gallagher Benefit Services (Canada) Group Inc., a subsidiary of Arthur J. Gallagher & Co. (AJG), completed its acquisition of substantially all the assets of the DiBrina Group. The terms of the transaction were not disclosed.
The DiBrina Group provides human resources, employee benefits, pension consulting and life insurance consulting and brokerage services to clients throughout Ontario. Headquartered in Sudbury, the DiBrina Group also has offices in Toronto and New Liskeard, Ont. The addition of the DiBrina Group represents a material expansion of AJG’s benefits business in Canada.
AJG, an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois, 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.
Fasken Martineau DuMoulin LLP advised AJG in this transaction with a team led by Wojtek Baraniak (M&A/corporate/insurance regulatory) that included Tracy Hooey and Garth Foster (securities regulatory), Justine Connors (on secondment to AJG), Jack Yu and Markus Liik (M&A/corporate), Alix Herber and Avneet Jaswal (labour & employment) and Paul Casuccio (tax).
The Fasken Martineau team worked hand in hand with AJG’s senior management and its legal team led by Samantha Alfonzo (Chief Legal Counsel) and Valerie Eisen (Legal Counsel, on secondment from Fasken Martineau).
Weaver, Simmons LLP advised the DiBrina Group in this transaction with a team consisting of Steve Moutsatsos, Nicholas Kuchtaruk and Sheena Alexander.