Brown & Brown, Inc. Acquires Assets of The Canopy Group
October 3, 2024
A subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group, a multiline insurance agency based in Le Sueur, Minnesota. The Canopy Group's principals Paul Borchert and Jeff McDonald will continue to lead operations as the acquisition expands Brown & Brown's personal lines and small-business commercial offerings in Minnesota.
- Buyers
- Brown & Brown, Inc.
- Targets
- The Canopy Group
- Sellers
- The Canopy Group, Paul Borchert, Jeff McDonald
- Industry
- Insurance
- Location
- Minnesota, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Brown & Brown Acquires Substantially All Assets of Berry Insurance Group
January 4, 2021
Insurance
Brown & Brown of Ohio, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Berry Insurance Group. The acquisition adds Berry’s Terrace Park and Lebanon, Ohio offices and team to Brown & Brown’s retail presence in Ohio; Mark Berry will continue to lead the Berry team and report to Brown & Brown's Regional President.
-
Brown & Brown Acquires the Assets of CHAPP, Inc. and Citrus Insurance Services, Inc.
April 3, 2024
Insurance
Brown & Brown, Inc. has acquired the assets of CHAPP, Inc. and Citrus Insurance Services, Inc., two family‑owned Florida insurance agencies that specialize in agricultural risk management. The CHAPP/Citrus team will join Brown & Brown's Lakeland and Sebring offices as the firms integrate to expand Brown & Brown’s agricultural insurance capabilities and presence in Florida; the sellers are Bucky and Cindy Payne.
-
Brown & Brown Acquires Heacock Insurance Group
November 12, 2021
Insurance
Brown & Brown, Inc. (NYSE: BRO) has acquired the assets of Heacock Insurance Group, a fifth-generation, family-owned insurance agency serving central Florida since 1922. The Heacock team will continue operating from their Lakeland and Sebring offices under existing leadership as Brown & Brown expands its presence in the region.
-
Brown & Brown Acquires Irvine Commercial Insurance Brokers
October 10, 2025
Financial Services
Brown & Brown Inc. has acquired Irvine Commercial Insurance Brokers Limited, a Kenilworth-based insurance broker specialising in commercial and SME insurance products. The firm's founders, John Townsley and Matthew Finch, and their staff will remain in Kenilworth and will report into Brown & Brown's UK operations, strengthening Brown & Brown's presence in the Midlands.
-
Brown & Brown Acquires BdB Limited Insurance Operating Companies
February 7, 2022
Insurance
Brown & Brown, Inc. has entered into an agreement to acquire the general insurance operating companies of BdB (including BdB (UK) Limited, BdB Europe SRL and affiliated Mithras entities). The BdB businesses — a specialist wholesale broker and MGA network operating in the UK and Europe — will continue to operate from locations in London, Belgium and Italy and will report into Brown & Brown’s Bridge Specialty Group.
-
Brown & Brown, Inc. Acquires Orchid Underwriters Agency and CrossCover Insurance Services
February 28, 2022
Insurance
Brown & Brown, Inc. has entered into an agreement to acquire Orchid Underwriters Agency and CrossCover Insurance Services from financial sponsors led by TowerBrook Capital Partners. Orchid and CrossCover will join Brown & Brown's National Programs segment and continue to operate as independent entities from their existing offices in Florida and Texas.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.