M&A
confidence high
sentiment neutral
materiality 0.85
Gallagher files financials for acquired AssuredPartners (Dolphin TopCo) – $2.9B revenue, $5.8B goodwill
Arthur J. Gallagher & Co.
- Acquisition of Dolphin TopCo (AssuredPartners) closed Aug 18, 2025; amendment provides required audited financials.
- Dolphin TopCo 2024 revenue $2.945B, net loss $148.8M, total assets $11.34B, goodwill $5.84B.
- Unaudited H1 2025 financials and pro forma combined balance sheet and earnings filed as exhibits.
- PricewaterhouseCoopers issued unqualified audit opinion on 2024 consolidated financial statements.
- Transaction completed via stock purchase agreement dated Dec 7, 2024; terms not disclosed.