ROLLING
MEADOWS, Ill., Nov. 7, 2023
/PRNewswire/ -- Arthur J. Gallagher & Co. today announced
it has signed a definitive agreement to acquire Williamsville, New York-based The Evans
Agency, LLC, a wholly-owned subsidiary of Evans Bancorp, Inc.
(NYSE:EVBN). The transaction is expected to close during the fourth
quarter of 2023.
The Evans Agency is a commercial property/casualty insurance
broker with public entity and scholastic expertise, serving clients
throughout Western New York. The
agency also offers personal lines and employee benefits services.
Aaron Whitehouse and his team will
operate under the direction of Patrick
Kennedy, head of Gallagher's Northeast region retail
property/casualty brokerage operations.
"The Evans Agency's expertise and culture are an excellent fit
for our Western New York office
and will enhance our capabilities in the region," said J.
Patrick Gallagher, Jr., Chairman,
President and CEO. "I look forward to welcoming Aaron and his
associates to Gallagher."
Arthur J. Gallagher & Co.
(NYSE:AJG), a global insurance brokerage, risk management and
consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides
these services in approximately 130 countries around the world
through its owned operations and a network of correspondent brokers
and consultants.
Investors: Ray Iardella, VP -
Investor Relations
Media: Paul Day, Communications
Manager
630-285-3661/
ray_iardella@ajg.com
630-285-5946/ paul_day1@ajg.com
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SOURCE Arthur J. Gallagher &
Co.