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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