Bridge Specialty Group (Brown & Brown) Acquires Leon Silver Associates
April 14, 2021
A Bridge Specialty Group company, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Leon Silver Associates, a wholesale insurance broker based in Metuchen, New Jersey. Leon Silver's operations will be integrated into Bridge Specialty Group's Morstan General Agency and will operate from Morstan's Woodbridge, New Jersey location under the oversight of Tommy Rhodes and Kathy Colangelo.
- Buyers
- Bridge Specialty Group, LLC (a subsidiary of Brown & Brown, Inc.), Brown & Brown, Inc.
- Targets
- Leon Silver Associates, LLC
- Sellers
- Leon Silver Associates, LLC, Michael S. Silver, Shari M. Silver, Steven V. Guarino
- Industry
- Insurance
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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