Brown & Brown Acquires Rodman Insurance Agency
November 12, 2018
Brown & Brown of Massachusetts, LLC (part of Brown & Brown, Inc.) has acquired substantially all of the assets of Rodman Insurance Agency, Inc. The Rodman team will continue to operate from its Needham, Massachusetts office under existing leadership; the agency reported approximately $9.5 million in annual revenue and serves commercial customers across the Northeast.
- Buyers
- Brown & Brown of Massachusetts, LLC, Brown & Brown, Inc.
- Targets
- Rodman Insurance Agency, Inc.
- Sellers
- Andrew S. Altman, Jeffrey R. Grosser, James N. Rodman, James D. Stoller, Evan M. Tobasky
- Industry
- Insurance
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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