Illinois-based broker acquires The Titan Group

Illinois-based Arthur J. Gallagher & Co. has acquired The Titan Group, a Richmond-based human resources consulting firm.

Terms of the deal were not disclosed.

Gallagher, an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill. It has operations in 30 countries and also offers services in more than 140 countries through a network of correspondent brokers and consultants.

“Titan is well-known and well-respected in the industry for its human resource expertise.  Over the years, they have focused on creating specialty HR products and services for their middle-market clients, which will fit well within our national practice group,” Patrick Gallagher Jr., chairman, president and CEO of Gallagher, said in a statement.  “Their East Coast presence and specialization will be a wonderful addition to our human resource consulting operations.

Founded in 2001, Titan provides human-resources consulting services for private, public, nonprofit, education and state government clients throughout the Eastern U.S.

The firm specializes in compensation consulting, leadership development, organizational development and human resource advisory products and services.

Titan Group partners Genevieve Roberts and Lee Weisiger and their staff will continue to operate in Richmond under the direction of William Ziebell, head of Gallagher’s North Central region employee benefits consulting and brokerage operations.