Professional
Added to YB: 2024-10-15
Pitch date: 2024-10-13
AJG [bullish]
Arthur J. Gallagher & Co.
-10.28%
current return
Author Info
Andvari Associates manages a concentrated investment strategy designed with the goal of outperforming the market. Sign up for the newsletter.
Company Info
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide.
Market Cap
$64.6B
Pitch Price
$285.56
Price Target
N/A
Dividend
1.03%
EV/EBITDA
21.23
P/E
39.71
EV/Sales
6.37
Sector
Insurance
Category
growth
Andvari Associates Portfolio Holding: Arthur J. Gallagher & Co.
AJG: Leading P&C insurance broker w/ 100 potential acquisitions ($1.4B revenue). Acquirer of choice offering fair price, permanent home for sellers. Acquired firms benefit from resources, best practices, career opps. CEO: 'We get their brains, they get our capabilities.' M&A strategy creates value through multiple arbitrage and improved performance.
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