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Arthur J. Gallagher acquires Phoenix-based employee benefits broker

Arthur J. Gallagher & Co. has acquired The MW Bagnall Co. based in Phoenix.

Terms of the deal were not disclosed.

The MW Bagnall Co. is an employee benefits broker and human resource consulting firm that provides employee benefits, human resources consulting services and insurance products to middle- and larger-market businesses across the Southwest.

Mark Bagnall, Cynthia Walter and their team will continue to operate from their current location under the direction of Norbert Chung, head of Arthur J. Gallagher's western employee benefit consulting and brokerage operations.