Arthur J. Gallagher & Co. has acquired Dyste Williams, a Minneapolis-based retail insurance agency specializing in commercial lines, employee benefits, and personal insurance for clients in the Upper Midwest. Terms of the transaction were not disclosed.

Dyste Williams' leadership, including Ted and Nels Dyste, will continue operating from their current location under Gallagher Agency Alliance, which focuses on small business property/casualty insurance and employee benefits.

Chairman and CEO J. Patrick Gallagher, Jr. highlighted that the acquisition enhances Gallagher's small business capabilities and expands its client service reach. Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting firm, operates in approximately 130 countries.