Gallagher completes integration of Woodruff Sawyer

Gallagher has completed the integration of San Francisco-based Woodruff Sawyer , which now operates under the Gallagher brand. The move follows Gallagher’s previously announced agreement to acquire the firm for $1.2 billion.

Woodruff Sawyer provides commercial property and casualty, employee benefits, and risk management services, primarily serving middle-market and large clients, including technology, construction, real estate, and private equity firms. The business operates from 14 U.S. offices and one U.K. office.

For the 12 months ended December 31, 2024, Woodruff Sawyer reported pro forma revenue of approximately $268 million and EBITDAC of $88 million, including expected synergies. Integration and non-cash management retention costs are expected to total about $150 million over three years.

The Woodruff Sawyer team, led by Andy Barrengos, operates within Gallagher’s U.S. retail property and casualty brokerage operations under the leadership of Peter Doyle. The integration expands Gallagher’s capabilities in management liability, construction, and real estate risk solutions.