Arthur J. Gallagher & Co. announced the acquisition of Denver‑based Surescape Insurance Services, LLC, a specialist in construction surety bonds, adding a focused agency with established relationships in the U.S. construction market to its brokerage and bonding capabilities.
The deal brings Surescape’s team, led by Doug Rothey, into Gallagher’s network. Rothey and his associates will remain in place and report to Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations.
The transaction does not disclose financial terms, but it aligns with AJG’s dual‑engine strategy, which seeks growth through targeted acquisitions in high‑growth niches. AJG recently completed other acquisitions, including CCI Surety, Inc. in May 2024 and Tompkins Insurance Agencies for $183 million.
In the second quarter of 2025, AJG reported organic revenue growth of 5.4% and an adjusted EBITDAC margin of 34.5%. The company’s Q3 2025 earnings per share fell below expectations, prompting analysts to adjust price targets downward.
J. Patrick Gallagher, Jr., Chairman and CEO, said the acquisition deepens AJG’s construction surety capabilities and expands its reach into a key growth area.
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