Expansive US and international broker Arthur J Gallagher has announced the acquisition of retail broker Capital Bauer Insurance Agency.
Founded in 1957, Albany, New York-based Capital Bauer specialises in placing coverage for the real estate, public entity, higher education, recording studio and water well drilling industries.
David Bauer and his team will continue to operate in their current location under the direction of Douglas Brown, Northeast regional manager of Gallagher's retail property/casualty brokerage operation.
Terms of the transaction were not...
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