Arthur J. Gallagher & Co. announced the acquisition of Australia-based Finergy Solutions Pty Ltd. and Avantek Pty Ltd.

Terms of the transaction were not disclosed.

Finergy Solutions is an employee benefit and retirement consultant business with a focus on offering superannuation consulting services. Avantek is a technology-based sister company that develops financial and benefit reports for large groups of individuals.

Pursuant to the transaction, Finergy's managing director, Jamie Levitt, and Avantek managing director Tim Woodhouse, along with their associates, will continue to operate from their current locations in Brisbane and Sydney.