Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, has acquired Stanton Group LLC and Stanton Group Risk Management Services LLC, both headquartered in Minneapolis, Minnesota.

However, the company did not disclose the terms of the transactions.

Stanton Group LLC is an employee benefit broker that offers a broad range of employee benefits consulting and brokerage services to their clients throughout the Midwest and Texas including benefit analysis, planning and design; compensation consulting; training and development; actuarial and retirement consulting and employee communications support.

While, Stanton Group Risk Management Services LLC is a retail insurance broker providing commercial property/casualty and risk management services to their mid-western clients. They specialize in executive risk services including Directors & Officers, professional and fiduciary liability as well as Errors & Omissions and kidnap and ransom coverages.

The scrip of Arthur J. Gallagher ended the day on Tuesday at $24.71.