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updated: 6/16/2014 8:35 AM

Gallagher broker buys plus to add sales for lawyers, architects

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  • Arthur J. Gallagher and Co., the Itasca-based insurance brokerage, bought Plus Cos. to add sales to clients including lawyers and architects.

      Arthur J. Gallagher and Co., the Itasca-based insurance brokerage, bought Plus Cos. to add sales to clients including lawyers and architects.
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Arthur J. Gallagher and Co., the Itasca-based insurance brokerage, bought Plus Cos. to add sales to clients including lawyers and architects.

Robert Ciuffreda of Bridgewater, New Jersey-based Plus will work under Gallagher's Joel Cavaness, according to a PR Newswire statement today from the buyer that didn't disclose terms.

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Earlier this month Gallagher reported it is putting together government incentives to help move its headquarters from Itasca to Rolling Meadows.

The state of Illinois has a tentative agreement with Gallagher worth about $20 million, and the company is negotiating with Rolling Meadows to establish a tax increment financing district that might be worth $30 million.

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