Optimum Talent Inc. was acquired by Arthur J. Gallagher & Co. in a transaction announced last week. Optimum Talent provides a range of services that include executive search, leadership assessment and development, and outplacement among other business offerings. It is based in Montreal and was founded in 1981.

Terms of the transaction were not announced.

Ronald Dahms, executive chair of Optimum, and Mike Bacchus, CEO of Optimum, will remain with the company and report to Melanie Jeannotte, CEO of Gallagher’s benefit and HR consulting division in Canada, and Scott Hamilton, global managing director of Gallagher’s human resources and compensation consulting practice.  

Gallagher is an insurance brokerage, risk management and consulting firm based in Rolling Meadows, Illinois. It has operations in 49 countries.

“The Optimum Talent team will introduce our Gallagher Better Works organizational well-being strategy to the many clients that they support, expanding our senior management relationships across Canada and creating additional opportunities for capabilities discussions and consulting engagements,” said J. Patrick Gallagher, Jr., chairman, president and CEO.