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Arthur J. Gallagher & Co. is acquiring Montreal-based compensation consultancy PCI-Perrault Consulting Inc.

PCI advises organizations in the design and integration of their compensation and business strategies. According to a press release, the company will continue to operate from its current location under the direction of Melanie Jeannotte, chief executive officer of Gallagher’s benefits and human resources consulting division in Canada, and Scott Hamilton, global managing director of HR and compensation consulting in Gallagher’s employee benefits consulting and brokerage operations.

Read: Gallagher completing acquisition of Willis Re

“The PCI team will build upon Gallagher’s existing compensation offerings and expand our capabilities within the compensation space,” said J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher, in the release.