M&A Deal Summary

Brown & Brown Acquires Roper Insurance and Financial Services

On October 18, 2019, Brown & Brown acquired insurance company Roper Insurance and Financial Services

Acquisition Highlights
  • This is Brown & Brown’s 74th transaction in the Insurance sector.
  • This is Brown & Brown’s 80th transaction in the United States.
  • This is Brown & Brown’s 3rd transaction in Colorado.

M&A Deal Summary

Date 2019-10-18
Target Roper Insurance and Financial Services
Sector Insurance
Buyer(s) Brown & Brown
Deal Type Add-on Acquisition

Target

Roper Insurance and Financial Services

Denver, Colorado, United States
Roper Insurance and Financial Services, Inc. specializes in providing employee benefits insurance products and services to small employer groups throughout Colorado.

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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 80 of 109
Sector (Insurance) 74 of 97
Type (Add-on Acquisition) 77 of 105
State (Colorado) 3 of 4
Country (United States) 80 of 103
Year (2019) 15 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-14 VGW Insurance

Plano, Texas, United States

VGW Insurance is a provider of property and casualty insurance products and services to individuals and businesses. VGW Insurance was founded in 1990 and is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 Insurance Management Group

Columbia, South Carolina, United States

Insurance Management Group, Inc. (IMG) specializes in providing a wide range of employee benefits and property and casualty insurance products and services to businesses and individuals throughout South Carolina.

Buy -