Brown & Brown Mergers and Acquisitions Summary

InsuranceCompany

Brown & Brown has acquired 105 companies, including 50 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 1 asset.

Brown & Brown’s largest acquisition to date was in 2014, when it acquired The Wright Insurance Group for $602M. Brown & Brown has acquired in 29 different US states, and 4 countries. The Company’s most targeted sectors include insurance (90%) and business services (9%).

Join Mergr and gain access to Brown & Brown’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the insurance sector.

M&A Summary

  • M&A Total Activity103
    • M&A Buy Activity102
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 14

Brown & Brown

Brown & Brown, Inc.

300 North Beach Street,
Daytona Beach, Florida 32114
United States,
(386) 252-9601
www.bbinsurance.com

Brown & Brown is a provider of insurance and reinsurance products and services to general business, corporate, governmental and quasi-governmental, institutional, professional, trade association and individual clients. Brown & Brown was incorporated in 1939 and is based in Daytona Beach, Florida.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (7.4/yr) # 65 16 7 6 7 1 102
vol $1.3B $1.3B
Sell (0.2/yr) # - 1 - - - - 1
  103

Most Recent M&A

Company Date Value Type
Kentro Capital Ltd. 2023-05-22 - Add-on Acquisition
London, United Kingdom · www.kentrocapital.com
VistaNational Insurance Group, Inc. 2022-09-12 - Add-on Acquisition
Oak Brook, Illinois · www.vistanational.com
Dealer Specialties 2022-06-01 - Add-on Acquisition
Monroe, Ohio · www.dealerspecialties.com
Claim Technologies, Inc. 2022-05-16 - Add-on Acquisition
Des Moines, Iowa · www.claimtechnologies.com
Patrick Quinlan Insurance 2022-04-29 - Add-on Acquisition
Dublin , Ireland · www.pqi.ie
Global Risk Partners Ltd. 2022-03-07 - Add-on Acquisition
London, United Kingdom · www.grpgroup.co.uk
Orchid Underwriters Agency, Inc. 2022-02-28 - Add-on Acquisition
Vero Beach, Florida · www.orchidinsurance.com
BdB Ltd. 2022-02-07 - Add-on Acquisition
London, United Kingdom · www.bdbltd.co.uk
Rainmaker Advisory LLC 2021-12-14 - Add-on Acquisition
Portland, Oregon · www.rainmakeradvisory.com
Dealer Admin. Services, Inc. 2021-12-13 - Add-on Acquisition
Bloomington, Minnesota
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
The Advocator Group LLC    - MEDVAL LLC 2019-03-21 2
Wakefield, Massachusetts · www.advocator.com Columbia, Maryland · www.medval.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 91 (89%) 1.3B (100%) - -
Business Services 9 (9%) - 1 (100%) -
Information Technology 2 (2%) - - -
Total 102 $1.3B 1 -

By Geo

State/Country Buy Value Sell Value
United States 97 1.3B 1 -
  Florida 13 - 1 -
  Massachusetts 8 - - -
  Texas 7 - - -
  New York 7 602M - -
  Minnesota 6 - - -
  Ohio 5 - - -
  New Jersey 5 - - -
  Illinois 3 - - -
  Colorado 3 - - -
  California 3 400M - -
  Virginia 3 - - -
  Tennessee 3 - - -
  Pennsylvania 3 - - -
  Oregon 3 - - -
  Connecticut 2 - - -
  Arizona 2 - - -
  Wisconsin 2 - - -
  Washington 2 - - -
  South Carolina 2 - - -
  North Carolina 2 - - -
  Louisiana 2 - - -
  Hawaii 1 - - -
  Georgia 1 337M - -
  Rhode Island 1 - - -
  New Hampshire 1 - - -
  Nevada 1 - - -
  Iowa 1 - - -
  Indiana 1 - - -
United Kingdom 3 - - -
Canada 1 - - -
  British Columbia 1 - - -
Ireland 1 - - -
Domestic 97 (95%) 1.3B (100%) 1 (100%) -
Cross-border 5 (5%) - - -
Total 102 $1.3B 1 -

Deal Values

buy # Total
$100M to $1B 3 $1.3B
TOTAL $1.3B
Largest The Wright Insurance Group LLC
$602M (2014-01-15)

M&A Connections

Deals
Acquired from
Investor(s)
7%
7 (7%)
Strategic(s)
3%
3 (3%)
Divested to
Investor(s)
100%
1 (100%)

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