Gallagher posts $110m revenue jump for first quarter
Gallagher spent $6.5m in Q1 on Giles and Bollinger integrations.
Arthur J Gallagher has reported revenue of $568.6m (£343.1m) for its broking segment in the first quarter of 2014.
This is compared with $454.4m reported in the same period of 2013.
Integration costs
Acquisition integration costs totalled $6.5m, up from the $3m spent on deals in the first quarter of 2013. Integration costs related to the acquisitions of Giles and Bollinger came in at $4.2m and $2.3m, respectively.
According to Gallagher, these costs were “primarily related to the on-boarding of
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