Arthur J. Gallagher & Co. has acquired consulting firm Gruppo Marcucci LLC (GPM), which specializes in human resources and benefits technology for brokers, employers, insurance carriers and service providers, among others.
The Gruppo team will continue to be led by partners Rhonda Marcucci and Ed Barry, following the direction of Tony Hernandez, Gallagher's chief operating offers for employee benefits consulting.
"GPM's team is well-respected for their deep knowledge and thought leadership in the HR and benefits technology space," J. Patrick Gallagher Jr., chairman, president and CEO of the global insurance brokerage and risk management firm, said. "Their market expertise, national presence and solid industry relationships will be terrific complements to our growing employee benefits brokerage and consulting operation."
The GPM team will work out of its current office.
"We are pleased to bring Rhonda, Ed and their associates into the growing Gallagher family of professionals," Gallagher said. "Gruppo Marcucci has been servicing Gallagher clients for nearly 10 years now, so acquiring the firm will provide our brokers with even greater access to HR and benefits technology outsourcing market intelligence, while expanding our position in the market space."
Based in Itasca, Arthur J. Gallagher & Co. has operations in 33 countries around the world.