Arthur J. Gallagher & Co. today announced the acquisition of Salem, Oregon-based Surety Solutions, LLC and Agency Multiplied, Inc. Terms of the transaction were not disclosed.

Surety Solutions is a surety focused agency that specializes in offering surety bonds for mortgage brokers, artisan contractors and other industries across the United States. Agency Multiplied developed the bond processing software used by Surety Solutions to efficiently process these transactions. Corban Enns and his associates will continue to operate from their current location under the direction of  Jay Eshelman , head of Small Business & Affinity practices for Gallagher's U.S. retail property/casualty brokerage operations.

"Surety Solutions is a very well-run surety agency with a highly efficient, custom-built software system for selling and renewing bonds online. As part of Gallagher, they bring us a national platform to grow that business," said  J. Patrick Gallagher, Jr. , Chairman, President and CEO. "We are excited to welcome Corban and his associates to our team."

Investors: Ray Iardella

Media: Linda J. Collins

VP – Investor Relations

VP – Corporate Communications