FOR IMMEDIATE RELEASE
LMC Capital LLC initiated
the following transaction and served as financial advisor
to Leicht General Agency
Arthur J. Gallagher & Co.
Acquires Leicht General Agency
Tuesday February 19, 3:14 pm ET
ITASCA, Ill., Feb. 19 /PRNewswire-FirstCall/ -- Arthur
J. Gallagher & Co.
today announced that its subsidiary, Risk Placement Services,
Inc., acquired Leicht GeneralAgency, headquartered inHouston,
Texas. Terms of the transaction were not disclosed.

Established in 1992, Leicht General Agency is a wholesale insurance broker and
managing general agent. They provide excess and surplus property/casualty coverage
including professional and general liability and other specialty insurance products
and services for their retail insurance agent clients throughout Texas. Beth
Leicht, Marshall Leicht and their associates will continue to operate out of
their current location under the direction of Joel Cavaness, President of Risk
Placement Services, Inc.
"In business for almost 20 years, Leicht General Agency's team is widely
respected for their depth of industry expertise and dedication
to outstanding client service," said J. Patrick Gallagher, Jr., Chairman, President and
CEO. "Their team-focused, sales culture will be
an outstanding complement to Risk Placement Services'
organization, and we are pleased to welcome Beth, Marshall
and their associates to our growing Gallagher family
of professionals."
Arthur J. Gallagher & Co., an international insurance
brokerage and risk management services firm, is headquartered
in Itasca, Illinois, has operations in 13 countries and
does business in more than 100 countries around the world
through a network of correspondent brokers and consultants.
Gallagher is traded on the New York Stock Exchange under
the symbol AJG.
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