Lander & Rogers advises Arthur J. Gallagher on CFB acquisition
Lander & Rogers has advised insurance brokerage and risk management services firm Arthur J. Gallagher & Co. (NYSE:AJG) in its acquisition of Australian financial advisory firm Complete Financial Balance Pty Ltd (CFB) in Brisbane, Australia.
Founded in 1989, CFB is a financial services advisory firm that offers wealth management and employee benefits consulting services to business professionals and individuals throughout Australia. It specialises in superannuation, risk management and asset protection, investment and portfolio administration, business risk insurance, estate planning and retirement planning.
Lander & Rogers provided legal advice on all aspects of the transaction, including conducting due diligence, providing negotiation, strategy, regulatory and employment advice, and the drafting and negotiation of all transaction documents. Lander & Rogers also advised on the setting up of the Australian financial services licence structure required to operate the business going forward, including liaising with the regulator and drafting and negotiating the relevant Authorised Representative arrangements.
Lander & Rogers partner Alex Ding said, "This was an important strategic acquisition for our client Arthur J. Gallagher & Co. as they continue to build their employee benefits consulting capability in Australia. As such, it was a real privilege to have been asked to partner with them to successfully deliver the new addition to their global employee benefits consulting operations. Given our core focus on financial services and insurance, together with our shared commitment to culture and ethos, the Lander & Rogers team was well placed to advise Arthur J. Gallagher & Co. on this exciting transaction."