Gallagher's RPS buys Pennsylvania wholesale broker Tuscano

What's the deal? Arthur J. Gallagher & Co.Dealroom has a profile for this one. Try Dealroom → has acquired W.N. Tuscano AgencyDealroom has a profile for this one. Try Dealroom →, Inc. through its US wholesale brokerage arm, Risk Placement ServicesDealroom has a profile for this one. Try Dealroom → (RPS). The Greensburg, Pennsylvania-based firm is a managing general agency and wholesale broker serving independent agents in western Pennsylvania. Terms were not disclosed.

What's the endgame? Gallagher (NYSE: AJG) is a global insurance brokerage, risk management, and consulting firm operating in roughly 130 countries. The Tuscano deal expands its wholesale capabilities in Pennsylvania.

What changes? The Tuscano team, led by Robin Tuscano, will stay in its current location. It will report to Steve Levin, RPS Northeast Region leader.

"Tuscano is a highly regarded agency that complements our market expertise and further expands our wholesale capabilities in Pennsylvania," said chairman and chief executive officer J. Patrick Gallagher, Jr.

The signal: Gallagher continues to grow through bolt-on acquisitions, adding regional specialists to broaden its wholesale footprint across the US.

Read more: PR Newswire