M&A Deal Summary

Brown & Brown of Kentucky Acquires FNI Management Group

On October 8, 2018, Brown & Brown of Kentucky acquired business services company FNI Management Group

Acquisition Highlights
  • This is Brown & Brown of Kentucky’s 1st transaction in the Business Services sector.
  • This is Brown & Brown of Kentucky’s 2nd transaction in the United States.

M&A Deal Summary

Date 2018-10-08
Target FNI Management Group
Sector Business Services
Buyer(s) Brown & Brown of Kentucky
Deal Type Add-on Acquisition

Target

FNI Management Group

United States
FNI Management Group is a provider of F&I products and training to enhance dealer financial performance in the Chicagoland market. FNI Management Group was founded in 2003 and is based in United States.

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Buyer(S) 1

Buyer

Brown & Brown of Kentucky

Louisville, Kentucky, United States

Category Company
Sector Insurance
DESCRIPTION

Brown & Brown of Kentucky, Inc. is a provider of business, personal and employee benefits insurance services. Brown & Brown of Kentucky, Inc. is based in Louisville, Kentucky.


DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 2
Type (Add-on Acquisition) 2 of 3
Country (United States) 2 of 3
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-05 Finance & Insurance Resources

Westborough, Massachusetts, United States

Finance & Insurance Resources, Inc. is a provider of F&I sales training and auto-related warranty products for their dealer partners.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 Dealer Associates

Pantego, Texas, United States

Dealer Associates, Inc. provides a broad range of F&I Products, coupled with F&I, Sales and Service Training, Financial Performance Consulting, and Reinsurance Management Services for Auto Dealers in Texas and other states around the country.

Buy -