Gallagher buys consulting group

Arthur J. Gallagher & Co. of Itasca, Ill. today acquired The Lance Group LLC of Marlton, N.J., an employee-benefit consulting group.

The Lance Group, which specializes in school boards and municipalities and handles benefit plan analysis as well as design, will continue operating in its current location.

However, president and chief executive Scott Lance and his associates will operate under David Ziegler, eastern regional executive vice president of Gallagher’s employee-benefit consulting and brokerage operations.

The terms of the acquisition were not disclosed.

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