BRO - Mergers and acquisitions

DAYTONA BEACH, Fla., Feb. 17, 2026 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Bender, the owner of The Protectorate Group Insurance Agency, Inc., doing business as American Adventure Insurance ("American Adventure"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of American Adventure. American Adventure specializes in providing insurance solutions at the dealership for all types of vehicles, including motor homes, travel trailers, campers, boats, personal watercrafts, motorcycles and more. American Adventure also provides F&I products to automotive dealers and commercial insurance solutio

DAYTONA BEACH, Fla., Jan. 08, 2026 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Jack Brubaker and L. Allan Boyd, owners of Shoemaker & Besser Associates, Inc. ("Shoemaker & Besser"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of Shoemaker & Besser. Established in 1959, Shoemaker & Besser is a full-service managing general agent and wholesale insurance brokerage located in York, Pennsylvania. Shoemaker & Besser provides independent insurance agents with automation and access to variety of specialty personal insurance and niche business owner's policy products. T

DAYTONA BEACH, Fla., Dec. 15, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Kevin Campbell, principal of the J. Kevin Campbell Agency, Inc. ("Campbell Agency"), today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of the Campbell Agency. The Campbell Agency was founded in 1991 by Kevin Campbell, with a focus on delivering best-in-class workers' compensation insurance solutions for its customers. Kian Ostovar joined the organization in 2004, establishing an office in Gainesville, Florida, to service joint customers of the agency across north and central Florida. Kevin and Kian will bring their workers'

DAYTONA BEACH, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark N. Otto, the owner of Tire Shield, Inc. ("Tire Shield"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of Tire Shield. Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive and Power Sports Industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS's admi

DAYTONA BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Timothy Parkman, owner of Tim Parkman, Inc. ("TPI"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of TPI. Established in 2002, TPI is a full-service wholesale insurance brokerage located in Clinton, Mississippi. TPI was founded with a mission to provide all customers with consistently superior service while sustaining positive underwriting results. Initially focused on personal lines, TPI has expanded into commercial lines and leverages its proprietary state-of-the-art technology platf

DAYTONA BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and David Dybdahl and Cynthia Statz, owners of American Risk Management Resources Network, LLC ("ARMR"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of ARMR. ARMR is a specialty wholesale environmental insurance brokerage platform serving production partners nationwide. The ARMR team combines a deep knowledge of environmental risks and insurance with customized environmental insurance placement designs. ARMR will continue to operate from Madison, Wisconsin, under the operational leadersh

DAYTONA BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Borchert and Jeff McDonald, principals of The Canopy Group, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group. The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves over 16,000 customers throughout Minnesota. Paul Borchert and Jeff McDonald will continue to lead The Canopy Group operations from their offices in Minnesota. Rich Knudson, senior vic

DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, today announced that Brown & Brown has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in Minnesota, McNamara Company provides a full-service suite of insurance solutions for businesses, families and individuals. The McNamara team will join the Brown & Brown office in Phoenix and report to Scott Jones, the leader of the Phoenix team. John Esposito, senior vice presid

DAYTONA BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Bucky and Cindy Payne, the owners of CHAPP, Inc. ("CHAPP") and Citrus Insurance Services, Inc. ("Citrus Insurance"), today announced that Brown & Brown has acquired the assets of CHAPP and Citrus Insurance. CHAPP and Citrus Insurance are essential risk management partners for their customers in Florida and across the U.S. by providing insurance solutions for all aspects of agricultural business risk. Originally founded by Ed Crawford in 1976, the agencies have continued to grow through two generations of family leadership. The CHAPP/Citrus team will joi

DAYTONA BEACH, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Jim Maxim, Jr. and Jim Maxim, Sr., the owners of DealerMax ("DealerMax"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of DealerMax. DealerMax, originally founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves dealer customers in Pennsylvania and throughout the Northeast. Under the leadership of Jim Maxim, Jr., DealerMax has continued to enhance the success of the F&I departments of their customers through training and tailored F&I product offerings. The DealerMax team will join Brown & Brown Dealer Services

DAYTONA BEACH, Fla., Dec. 08, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Michael Cox and Craig Sanford, the management owners of ABS Risk, LLC and ABS Operations, LLC (collectively, "ABS"), today announced that Brown & Brown Dealer Services has completed the acquisition of ABS. With more than twenty years of experience in the marketplace, ABS is a leading administrator of warranty products in the automotive aftermarket, providing nationwide parts and labor repair warranties, national road hazard programs and component-specific warranties. The ABS team will continue to be led by CEO Michael Cox from their current offices in De

DAYTONA BEACH, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark R. McKay and Chris Coniglio announce that Brown & Brown has completed the acquisition of Highcourt Partners Limited and its subsidiaries eUnderwriters and CLIS. Highcourt Partners Limited was founded in 2011 as an entrepreneurial international insurance brokerage and risk consulting firm. On April 7th, 2021, Highcourt Partners Limited transformed into the Highcourt Breckles Group (HBG) when it merged with the Breckles Group, a Toronto-based agency with a 70 year history of providing insurance solutions for its customers. HBG's purpose i

DAYTONA BEACH, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Donald (Don) J. Ellis, owner of Finance Builders Inc. ("Finance Builders"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired substantially all of the assets of Finance Builders. Finance Builders is an independent sales and service organization providing F&I products and sales support to automotive dealers primarily in Connecticut and Massachusetts. Following the transaction, the Finance Builders operations will become part of BBDS, which operates under the leadership of Mike Neal. Mike stated, "Finance Builders has built long-las

DAYTONA BEACH, Fla., June 08, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Gerry White, owner of Profits Creation Corp. ("Profits Creation"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired substantially all of the assets of Profits Creation. Profits Creation provides F&I products and sales support to automotive dealers across the southeast. Following the transaction, Gerry and the Profits Creation team will become part of BBDS, operating under the leadership of Mike Neal. Mike stated, "Gerry and his team are great additions to our BBDS operations; adding deep industry knowledge and experience improves

DAYTONA BEACH, Fla., June 01, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Andrew (Andy) Courchaine, owner of Dealer Specialties Group Corp. ("Dealer Specialties"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired substantially all of the assets of Dealer Specialties. Dealer Specialties is an independent sales and service organization providing F&I products and sales support to automotive and powersport dealers primarily in New York state.  Following the transaction, Andy Courchaine and the Dealer Specialties operations will become part of BBDS, which operates under the leadership of Mike Neal. Mike sta

DAYTONA BEACH, Fla., Dec. 14, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Ryan Hanlon, owner of Rainmaker Advisory, LLC ("Rainmaker"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired substantially all of the assets of Rainmaker. Ryan Hanlon is a seasoned advisor regarding F&I product and reinsurance planning for auto and RV dealers. The Rainmaker operations will join Brown & Brown Dealer Services under the leadership of Mike Neal. Ryan and the Rainmaker team will continue operating from their offices in Ventura, California. Mike stated, "We are excited about the capabilities that Ryan and his team bri

DAYTONA BEACH, Fla., Dec. 13, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Bill Kelly and Joel Kansanback, owners of Dealer Admin. Services, Inc. ("DAS"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired substantially all of the assets of DAS. DAS is a dealer-centric administrator that provides aftermarket F&I product solutions for franchise and pre-owned dealers. DAS will become a division of Brown & Brown Dealer Services, under the leadership of Mike Neal—Bill Kelly will continue to lead the DAS operations from offices in Bloomington, Minnesota.  Mike stated, "DAS has supported our valued BBDS dealer

DAYTONA BEACH, Fla., Nov. 12, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Stacey Heacock Weeks, Jason Heacock and Ford Heacock, III the principals of Heacock Insurance Group, Inc. ("Heacock Insurance"), today announced that Brown & Brown has acquired the assets of Heacock Insurance. Heacock Insurance is a fifth-generation, family-owned agency providing risk management solutions for its central Florida customers since 1922. As a trusted member of the Lakeland/Sebring community for almost a century, Heacock Insurance today delivers innovative insurance advice for both individual and business customers. The Heacock Insurance team

DAYTONA BEACH, Fla., Oct. 12, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Robert Bradley, Colin Bradley and Curran Bradley, the principals of Winston Financial Services, Inc. ("Winston Benefits"), today announced that Brown & Brown has acquired Winston Benefits. Founded in 1987, Winston Benefits has grown into a national leader providing technology enabled benefit communication, enrollment and administration solutions for employers across the US. Currently in its second generation of family owned leadership, the Company has continually invested in its proprietary benefits technology, HRAlly™, and an array of employee engagem