M&A Deal Summary

Brown & Brown Acquires Agency Management

On May 12, 2014, Brown & Brown acquired insurance company Agency Management

Acquisition Highlights
  • This is Brown & Brown’s 27th transaction in the Insurance sector.
  • This is Brown & Brown’s 29th transaction in the United States.
  • This is Brown & Brown’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2014-05-12
Target Agency Management
Sector Insurance
Buyer(s) Brown & Brown
Deal Type Add-on Acquisition

Target

Agency Management

Baton Rouge, Louisiana, United States
Agency Management Corp provides extended vehicle service contracts, appearance protection, gap protection, roadside assistance protection, tire/wheel protection, and other similar products to RV dealerships and their customers throughout the southeastern United States.

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Buyer(S) 1

Buyer

Brown & Brown

Daytona Beach, Florida, United States
Category Company
Founded 1939
Sector Insurance
Employees16,152
Revenue 4.2B USD (2023)
DESCRIPTION
Brown & Brown's headquarters in Daytona Beach, Florida.
Brown & Brown's headquarters in Daytona Beach, Florida.

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 founded in 1939 and is based in Daytona Beach, Florida.

DEAL STATS #
Overall 29 of 109
Sector (Insurance) 27 of 97
Type (Add-on Acquisition) 27 of 105
State (Louisiana) 1 of 2
Country (United States) 29 of 103
Year (2014) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-12 Recreational Protection Management

Brandon,, Florida, United States

Recreational Protection Management, offers personal lines property and casualty insurance products and services for recreational vehicles, including RVs, boats, motorcycles and other power sport vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-14 Axia Strategies

Savage, Minnesota, United States

Axia Strategies provides health care consulting services, including catastrophic care solutions, pharmacy benefit management (PBM), and other medical management and specialized solutions to clients located throughout the United States.

Buy -
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