MarshBerry Advises OperationsInc & the HR Roundtable on Their Acquisition by Arthur J. Gallagher & Co.

July 1, 2024

Woodmere, OH, July 1, 2024 – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to have represented OperationsInc, LLC and The HR Roundtable, LLC on their sale to Arthur J. Gallagher & Co. The transaction closed on June 21, 2024.

Based in Norwalk, CT, OperationsInc provides comprehensive solutions in human resources, payroll and human resources information system (HRIS) services, talent acquisition and employee training to clients of all sizes across the United States. This expansion is part of Gallagher’s strategic efforts to enhance its employee benefits consulting and brokerage operations. The acquisition is expected to bolster the company’s human resources and consulting services, further solidifying its position in the market.

“Representing OperationsInc and The HR Roundtable, LLC on their sale to Arthur J. Gallagher & Co. has been a privilege,” said Phil Trem, MarshBerry President – Financial Advisory. “This transaction underscores our commitment to delivering exceptional value and strategic alignment for our clients. We are proud to have facilitated this milestone and wish continued growth for all parties involved.”

Terms of the transaction were not disclosed.

MarshBerry remains the number one sell side advisor for insurance agencies and brokerages and retains its position as the industry leader for total number of clients advised. Since 1999, MarshBerry has advised on more than 1,300 merger & acquisition transactions which is approximately 25% of the total tracked deal flow in the insurance distribution industry during this period as reported by S&P Global Market Intelligence.

MarshBerry – Helping Clients Learn, Improve & Realize Value

MarshBerry is a global leader in financial services and consulting dedicated to helping insurance brokerages, and firms in the wealth management industry, achieve sustained growth and value for every stage of ownership. With a legacy spanning over 40 years, MarshBerry offers an extensive suite of services, including Investment Banking (Merger & Acquisition Advisory; Capital Raising), Financial Consulting (Strategic Planning; Valuations; Perpetuation Planning), Organic Growth Consulting (Leadership, Sales & Talent Solutions), Executive Peer Exchange, Agency Network and Market Intelligence and Performance Benchmarking. For more information, visit

About OperationsInc

Founded by 35-year HR veteran David Lewis in 2001, OperationsInc has grown to more than 150 HR and Payroll professionals. With decades of experience across every discipline and specialty area of human resources, our team has worked with and for some of the world’s most recognizable organizations, mid-sized businesses, startups, and nonprofits to each client relationship, while staying up-to-date on the increasingly complex compliance and regulatory landscape.  We provide a customizable suite of solutions that can adjust to provide the right level of support as strategies, budgets, economic conditions, and employee preferences fluctuate.

Investment banking services in the USA offered through MarshBerry Capital, LLC, Member FINRA and SIPC, and an affiliate of Marsh, Berry & Company, LLC, 28601 Chagrin Blvd, Suite 400, Woodmere, OH 44122 (440) 354-3230.