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Arthur J. Gallagher Acquires BluePeak Advisors, LLC For Undisclosed Terms

Arthur J. Gallagher & Co. (AJG), a global insurance brokerage, risk management and consulting services firm, announced Wednesday that it has acquired BluePeak Advisors, LLC. Terms of the transaction were not disclosed.

BluePeak Advisors assists health plans, employers, pharmacy benefit managers, pharmaceutical companies and other health care alliance companies with Medicare and Medicaid operational and compliance issues.

The synergies between the services BluePeak delivers in the Medicare Part C and D consulting space and the services available through Gallagher's existing Pharmacy practice will afford a robust offering in the government healthcare compliance space that will be difficult to match.

BuePeak's Babette Edgar, Sherry Pound and their associates will continue to operate from their current locations under the direction of Seth Friedman, Health Plan Services leader for Gallagher's employee benefits consulting and brokerage operations.

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