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Arthur J. Gallagher acquires Indiana-based benefits consulting firm

Arthur J. Gallagher & Co. acquired Zionsville, Ind.-based Cairnstone Financial LLC for undisclosed terms.

Cairnstone is a benefits consultant offering group health, life, wellness, retirement, disability and dental coverages and services to middle-market clients across the midwestern U.S.

Mark Shrack, president of Cairnstone Financial, and his associates will continue to operate from their current location.