Arthur J. Gallagher Purchases Austin-Based Brokerage
Arthur J. Gallagher & Co. announced the acquisition of The Romine Group Inc. headquartered in Austin, Texas. Terms of the transaction were not disclosed.
Founded in 1988, The Romine Group, Inc. offers employee benefits brokerage and consulting services to both self-funded and fully insured markets. They also specialize in benefits and network design, cost containment and insurance market analysis. Bruce Romine, Don Munford and their associates will continue to operate in their current Austin and Dallas, Texas offices under the direction of J. Michael Brewer, executive vice president of Gallagher Benefit Services Inc., a subsidiary of Arthur J. Gallagher & Co.
J. Patrick Gallagher, Jr., president and CEO said, “The Romine Group is an outstanding example of how a commitment to superior client service combined with a dedication to employees can result in success. This combination fits well within our own client-focused culture. We are extremely pleased to welcome Bruce, Don and their experienced team to our growing Gallagher family of professionals.”