Gallagher Bassett Service
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 64 years (since 1962)
From public records and the company's website, not a statement that it's for sale.
What they do
Gallagher Bassett provides claims and risk management solutions to employers, carriers, brokers, and public entities, handling commercial insurance claims and offering risk control and technology services.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SANTIAGO-BRENNAN'S MCDONALD'S INC. · Edmond, 4 mi · $74.6M
- OZARK PIZZA COMPANY, LLC · Oklahoma City, 2 mi · $67.7M
- CB RESTAURANTS, INC. · Oklahoma City, 0 mi · $53.9M
- WICHITA SDI, LLC · Prague, 51 mi · $46.7M
- MAGNUM FOODS, INC. · Oklahoma City, 6 mi · $43.0M
- LSB INDUSTRIES, INC · Oklahoma City, 5 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 0 mi · $339.5M
- SOUTHWESTERN WIRE INC · Norman, 30 mi · $312.3M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 13 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 11 mi · $231.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Gallagher Bassett Service this business | $806K | — |
| Liberty Mutual - Oklahoma City - H, OK Oklahoma City | $806K | 0.0 mi |
| Roland Fletcher, Liberty Mutual Insurance Agent Oklahoma City | $806K | 0.0 mi |
| Sharghi Lyles, Liberty Mutual Insurance Agent Oklahoma City | $806K | 0.0 mi |
| Progressive Insurance - Claims Oklahoma City | $1.6M | 0.1 mi |
| Kevin Alford - Comparion Insurance Agent Oklahoma City | $806K | 0.1 mi |
| FREEMAN FINANCIAL GROUP LLC Oklahoma City · 3 employees | $946K | 0.1 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $411K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.
| Revenue range | $371K – $1.0M |
| EBITDA range | $143K – $387K |
| Industry (NAICS) | Agencies, brokerages, and other insurance related activities (5242) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
“Since 1962, our clients have trusted us to take care of their employees, protect their brands, and provide claims and risk management solutions that help them achieve continued success during times of change and growth.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gallagher Bassett Service
Gallagher Bassett Service is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1962. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Gallagher Bassett Service?
- The owner of Gallagher Bassett Service isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Gallagher Bassett Service make?
- SeeBITDA estimates Gallagher Bassett Service's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gallagher Bassett Service worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.
- When was Gallagher Bassett Service founded?
- Gallagher Bassett Service has been in business since 1962.