Brown & Brown, Inc. (BRO)
- Zacks
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- Zacks
Brown & Brown (BRO) Expands Global Presence With Buyout
Brown & Brown's (BRO) buyout of Smithwick & Mariners will boost the acquirer's capabilities to serve the marine industry while Smithwick & Mariners will be able to leverage BRO's compelling portfolio.
- GlobeNewswire
Brown & Brown, Inc. announces the asset acquisition of Smithwick & Mariners Insurance, MidCoast Insurance and Chapman & Chapman Insurance
DAYTONA BEACH, Fla., Sept. 13, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Scott Smithwick and Chris Smithwick, today announced that Brown & Brown of Massachusetts, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Smithwick & Mariners Insurance, MidCoast Insurance and Chapman & Chapman Insurance (collectively, Smithwick & Mariners). Originally founded in 1987 to service the marine industry (m
