Arthur J Gallagher & Company, a provider of insurance brokerage and risk management services, has acquired Park Ridge, Illinois-based insurance firm The Splinter Group. The terms of the transaction were not disclosed.

Craig Splinter and his associates will relocate to Gallagher’s offices in Itasca, Illinois under the direction of Thomas Gallagher, the mid-west regional manager of Gallagher’s retail property/casualty brokerage operations.

J Gallagher Jr, chairman, president and CEO of Arthur J Gallagher & Company, said: What’s appealing about The Splinter Group is that they’ve developed an experienced team focused on building solid, professional relationships and on providing high-quality client service. These are the cultural characteristics we look for in a merger partner.