McNeary Inc. is acquired by Arthur J. Gallagher & Co.

McNeary Inc. is acquired by Arthur J. Gallagher & Co.

McNeary Inc. is acquired by Arthur J. Gallagher & Co. Insurance brokerage firm Arthur J. Gallagher & Co. announced that it had acquired the Charlotte-based insurance broker McNeary Inc.

Terms of the deal were not disclosed.

McNeary specializes in insurance and consulting services for the healthcare industry.

“(McNeary’s) southeastern presence, depth of expertise and quality client service will be terrific complements to our property/casualty and employee benefits brokerage operations,” said Arthur J. Gallagher chairman, president and CEO J. Patrick Gallagher.

The entire McNeary team, including president William Yaeger, will continue to operate from its various locations in Charlotte; Marietta, Ga.; and Baton Rouge, La.

The McNeary team will operated under Gallagher Southeastern property/casualty brokerage operations head Mitchel Brashier and Eastern employee benefit consulting and brokerage operations head David Ziegler.