Mergers & Acquisitions
By The Online Investor Staff, updated Tue., Mar. 19, 3:35 AM
Slide #34. Brown & Brown, Inc. — DealerMax
Acquirer: |
Brown & Brown, Inc. (NYSE:BRO) |
Acquiree: |
DealerMax |
Details: |
J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Jim Maxim, Jr. and Jim Maxim, Sr., the owners of DealerMax ("DealerMax"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of DealerMax. |
Brown & Brown is an insurance agency, wholesale brokerage, insurance programs and service organization. Co.'s segments are: Retail, which provides a range of insurance products and services and non-insurance services and products through its automobile dealer services businesses; National Programs, which provides program management capabilities for insurance carrier partners across various lines of business, that include personal lines programs, commercial lines programs, public entity programs and specialty programs; Wholesale Brokerage, which markets and sells excess and surplus commercial insurance products and services; and Services, which provides a range of insurance-related services.
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Company Name: |
Brown & Brown Inc |
Stock buyback: |
BRO buyback |
Website: |
www.bbinsurance.com |
Sector: |
Insurance Brokers |
Number of ETFs Holding BRO: |
104 |
Total Market Value Held by ETFs: |
$3.54B |
Total Market Capitalization: |
$24.29B |
% of Market Cap. Held by ETFs: |
14.55% |
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March 19, 2024 3:35 AM Eastern
Buy (2.67 out of 4)
13rd percentile
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