Brown & Brown - M&A Summary and Business Overview

InsuranceCompany

Brown & Brown M&A Summary

Brown & Brown has acquired 113 companies, including 29 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 1 asset.

Brown & Brown’s largest acquisition to date was in 2025, when it acquired Accession Risk Management Group for $9.8B. Brown & Brown has acquired in 29 different US states, and 5 countries. The Company’s most targeted sectors include insurance (90%) and business services (10%).

Brown & Brown Business Overview

Where is Brown & Brown headquartered?

Brown & Brown is headquartered in Daytona Beach, Florida.

What is Brown & Brown’s revenue?

Brown & Brown disclosed revenue of 4,705M USD for 2024 and 4,199M USD for 2023.

How many employees does Brown & Brown have?

Brown & Brown has 16,152 employees.

What sector is Brown & Brown in?

Brown & Brown is an insurance company.

When was Brown & Brown founded?

Brown & Brown was founded in 1939.

M&A Summary

  • M&A Total Activity111
    • M&A Buy Activity110
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 14
  • M&A Advisors 3

Brown & Brown

Brown & Brown, Inc.

300 North Beach Street,
Daytona Beach, Florida 32114
United States,
(386) 252-9601
www.bbinsurance.com

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.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (4.4/yr) # 88 6 7 3 5 1 110
vol $1.3B $9.8B $11.2B
Sell (0.0/yr) # 1 - - - - - 1
  111

Most Recent M&A

Company Date Value Type
Accession Risk Management Group, Inc. 2025-06-10 9.8B USD Add-on Acquisition
Sacramento, California · www.accessionrmg.com
The Canopy Group 2024-10-03 - Add-on Acquisition
Belle Plaine, Minnesota · www.thecanopygroup.com
Quintes Holding B.V. 2024-07-29 - Add-on Acquisition
Waardenburg, Netherlands · www.quintes.nl
CHAPP, Inc. 2024-04-03 - Add-on Acquisition
Dundee, Florida · www.chappinc.com
DealerMax 2024-03-13 - Add-on Acquisition
Berwyn, Pennsylvania · www.dealermax.com
Hillco Insurance 2024-03-06 - Add-on Acquisition
Iowa Park, Texas · www.hillcoinsurance.com
Caton Hosey Insurance 2023-12-26 - Add-on Acquisition
Port Orange, Florida · www.catonhosey.com
Automotive Business Solutions 2023-12-08 - Add-on Acquisition
Westminster, Colorado · www.abswarranty.net
Kentro Capital Ltd. 2023-05-22 - Add-on Acquisition
London, United Kingdom · www.kentrocapital.com
VistaNational Insurance Group, Inc. 2022-09-12 - Add-on Acquisition
Oak Brook, Illinois · www.vistanational.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
The Advocator Group LLC    - MEDVAL LLC 2019-03-21 2
Wakefield, Massachusetts · www.advocator.com Columbia, Maryland · www.medval.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 98 (89%) 11.2B (100%) - -
Business Services 10 (9%) - 1 (100%) -
Information Technology 2 (2%) - - -
Total 110 $11.2B 1 -

By Geo

State/Country Buy Value Sell Value
United States 104 11.2B 1 -
  Florida 15 - 1 -
  Massachusetts 8 - - -
  Texas 8 - - -
  New York 7 602M - -
  Minnesota 7 - - -
  Ohio 5 - - -
  New Jersey 5 - - -
  Pennsylvania 4 - - -
  Colorado 4 - - -
  California 4 10.2B - -
  Oregon 3 - - -
  Illinois 3 - - -
  Virginia 3 - - -
  Tennessee 3 - - -
  South Carolina 2 - - -
  North Carolina 2 - - -
  Louisiana 2 - - -
  Connecticut 2 - - -
  Arizona 2 - - -
  Wisconsin 2 - - -
  Washington 2 - - -
  Rhode Island 1 - - -
  New Hampshire 1 - - -
  Nevada 1 - - -
  Iowa 1 - - -
  Indiana 1 - - -
  Hawaii 1 - - -
  Georgia 1 337M - -
United Kingdom 3 - - -
Canada 1 - - -
  British Columbia 1 - - -
Ireland 1 - - -
Netherlands 1 - - -
Domestic 104 (95%) 11.2B (100%) 1 (100%) -
Cross-border 6 (5%) - - -
Total 110 $11.2B 1 -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
1
BofA Securities
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
1

Deal Values

buy # Total
> $1B 1 $9.8B
$100M to $1B 3 $1.3B
TOTAL $11.2B
Largest Accession Risk Management Group, Inc.
$9.8B (2025-06-10)

M&A Connections

Deals
Acquired from
Investor(s)
8%
9 (8%)
Strategic(s)
3%
3 (3%)
Divested to
Investor(s)
100%
1 (100%)

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