A publicly traded insurance company has acquired a small Lincoln-based financial services firm.

Arthur J. Gallagher & Co., a multi-national insurance and risk management company based in the Chicago area, said earlier this week that it bought Lincoln-based Lincoln Financial Management LLC, which provides employee benefits consulting and brokerage services.

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Financial terms of the deal were not disclosed.

Arthur J. Gallagher & Co. said in a news release that Lincoln Financial Management will continue to operate from its current location at 6040 S. 58th St., Suite E.

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