M&A Deal Summary

Brown & Brown Acquires MBA Insurance Agency of Arizona

On November 30, 2015, Brown & Brown acquired insurance company MBA Insurance Agency of Arizona

Acquisition Highlights
  • This is Brown & Brown’s 38th transaction in the Insurance sector.
  • This is Brown & Brown’s 41st transaction in the United States.
  • This is Brown & Brown’s 1st transaction in Arizona.

M&A Deal Summary
Date 2015-11-30
Target MBA Insurance Agency of Arizona
Sector Insurance
Buyer(s) Brown & Brown
Deal Type Add-on Acquisition

Target

MBA Insurance Agency of Arizona

Scottsdale, Arizona, United States
MBA Insurance Agency of Arizona, Inc. is a provider of rental insurance services for the recreational vehicle and power sport vehicle markets throughout the 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 41 of 109
Sector (Insurance) 38 of 97
Type (Add-on Acquisition) 39 of 105
State (Arizona) 1 of 2
Country (United States) 41 of 103
Year (2015) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-17 Bentrust Financial

Miami, Florida, United States

BenTrust is a privately owned Insurance Counseling Firm focused on all aspects of Risk Management. BenTrust provides solutions for the insurance needs of Corporations, Closely Held Businesses, High Net Worth Individuals, Professionals, and Executives.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-09 Smith Insurance

Niantic, Connecticut, United States

Smith Insurance, Inc. is a provider of personal lines and commercial insurance services in Connecticut and Rhode Island for over 75 years.

Buy -
Mergr

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