AJ Gallagher records $166.4mn valuation in intellectual property MGA Pius acquisition
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AJ Gallagher records $166.4mn valuation in intellectual property MGA Pius acquisition

Jairo Ibarra
February 10, 2023
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AJ Gallagher has disclosed a $166.4mn recorded purchase price in the takeover of intellectual-property-focused MGA Patent Insurance Underwriting Services (Pius).

The acquisitive broker reported $35.6mn of cash paid in the deal, along with a $106.9mn earnout payable, according to its 2022 10-K filed today with the SEC.

Gallagher

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Jairo Ibarra
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