US-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co (AJG) has acquired Wisconsin-based Burkwald & Associates.

Terms of the deal have not been disclosed.

Established in 1978, Burkwald & Associates is a management and employee benefits consulting firm, which provides a full range of group employee benefits products and consulting services to their commercial and public entity clients across the Midwest.

The firm is specialized in offering strategic planning, employee benefits, employee communications, education and wellness products and services.

Under the leadership of Gallagher’s North Central employee benefit consulting and brokerage leader William Ziebell, Burkwald & Associates’ Daniel Burkwald and his team will continue to operate from their current location.

Arthur J. Gallagher & Co. chairman, president and CEO J. Patrick Gallagher, Jr., said: "Burkwald is well-respected for their benefits consulting expertise and their ability to anticipate and provide benefit solutions for their clients’ evolving business needs.

"Not only do they have a sales culture that matches ours, their team is also focused on high-quality customer service."

In September, Gallagher acquired North Alabama Insurance (NAI), which is a managing general agent and wholesale insurance broker that offers property/casualty, commercial auto/garage and other specialty insurance services to its customers across the south central US.

With operations in around 140 countries, AJG provides client-service capabilities across the globe through a network of correspondent brokers and consultants.