Arthur J Gallagher & Co has acquired Grace/Mayer Insurance Agency in Omaha, Nebraska for an undisclosed sum.

Grace/Mayer Insurance Agency trades as a retail insurance broker which offers property/casualty, employee benefits and risk management insurance services for their US and international commercial and personal lines clients.

After the consolidation of the operations of the both firm, John Lehr and his team will continue to operate from their current Omaha location as Gallagher Grace/Mayer, said the acquirer.

Arthur J Gallagher & Co chairman, president and CEO Patrick Gallagher said Grace/Mayer Insurance will add to the company’s geographic footprint in the Midwest.

"This 95-year-old firm’s strong Nebraska presence and specializations will be a terrific fit within our South Central Region. We are extremely pleased to welcome John and his associates to our growing Gallagher family of professionals," Gallagher, Jr said.

Headquartered in Itasca, Illinois Arthur J Gallagher & Co operates in 17 geographies and offers client service capabilities in more than 110 countries around the world through a network of correspondent brokers and consultants.