International insurance brokerage firm, Arthur J. Gallagher & Co has acquired full-service property and casualty broker McConnell, Manit & Trout.
MMT focuses on servicing building materials, energy, waste, construction and transportation industries and has clients across the US.
Rick McConnell, Mike Manit, Doug Trout and their associates are expected to continue operating from their current locations under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations.
“MMT will deepen our expertise in several key industries and brings us significant growth opportunities. The team is also a great cultural fit,” said J. Patrick Gallagher, Jr., Chairman, President and CEO.
“I am delighted to welcome Rick, Mike, Doug and their associates to our growing global enterprise.”