1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Hawaii >
  6. Brown & Brown Acquires Servco Pacific Insurance

M&A Deal Summary

Brown & Brown Acquires Servco Pacific Insurance

On May 1, 2018, Brown & Brown acquired insurance company Servco Pacific Insurance

Acquisition Highlights
  • This is Brown & Brown’s 53rd transaction in the Insurance sector.
  • This is Brown & Brown’s 57th transaction in the United States.
  • This is Brown & Brown’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2018-05-01
Target Servco Pacific Insurance
Sector Insurance
Buyer(s) Brown & Brown
Deal Type Add-on Acquisition

Target

Servco Pacific Insurance

Honolulu, Hawaii, United States
Servco Pacific Insurance is a multi-line insurance brokerage firm with multiple offices in Hawaii and the Pacific Northwest, offering a suite of insurance solutions including commercial and personal property & casualty, employee benefits and multiple specialties, including marine, construction and professional liability.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Brown & Brown

Daytona Beach, Florida, United States
Category Company
Founded 1939
Sector Insurance
Employees16,152
Revenue 4.7B USD (2024)
DESCRIPTION
Brown & Brown's headquarters in Daytona Beach, Florida.
Brown & Brown's headquarters in Daytona Beach, Florida.

Brown & Brown provides 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 57 of 111
Sector: Insurance M&A 53 of 98
Type: Add-on Acquisition M&A Deals 54 of 107
State: Hawaii M&A 1 of 1
Country: United States M&A 57 of 105
Year: 2018 M&A 4 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Kerxton Insurance Agency

Gainesville, Virginia, United States

Kerxton Insurance Agency, Inc. is a provider of personal and business insurance products and services to clients in the Mid-Atlantic Region and throughout the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-14 Automotive Development Group

Bloomington, Minnesota, United States

Automotive Development Group LLC is a performance improvement company providing F&I training and auto warranty and related products for auto dealer clients. Automotive Development Group LLC was established in 2002 and is based in Bloomington, Minnesota.

Buy -
Mergr

Solution for

Product

Company

Legal