M&A Deal Summary

Brown & Brown Acquires Hull

On February 11, 2005, Brown & Brown acquired insurance company Hull

Acquisition Highlights
  • This is Brown & Brown’s 6th transaction in the Insurance sector.
  • This is Brown & Brown’s 6th transaction in the United States.
  • This is Brown & Brown’s 2nd transaction in Florida.

M&A Deal Summary

Date 2005-02-11
Target Hull
Sector Insurance
Buyer(s) Brown & Brown
Deal Type Add-on Acquisition

Target

Hull

Dania Beach, Florida, United States
Hull & Company is an insurance wholesale organization. It has 20 offices in nine states providing specialty products and unique solutions to the independent agency system.

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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 6 of 109
Sector (Insurance) 6 of 97
Type (Add-on Acquisition) 6 of 105
State (Florida) 2 of 15
Country (United States) 6 of 103
Year (2005) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-01 Emerald Benefits

Weston, Florida, United States

Emerald Benefits, Inc. is a insurance agency serving the employee benefits needs of companies and individuals throughout South Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-04 ProTexn

Tampa, Florida, United States

ProTexn, Inc. is a provider of professional liability insurance solutions and policies.

Buy -