Arthur J. Gallagher & Co. Acquires Insurance by Ken Brown, Inc.
May 23, 2023
Arthur J. Gallagher & Co. acquired Altamonte Springs, Florida-based Insurance by Ken Brown, Inc. (IBKB) for an undisclosed sum. IBKB is a retail insurance broker focused on the construction and swimming pool industries across Florida and the Southeast; owners Ken Brown and Derek Brown and their team will remain in place and operate under Gallagher's Southeast retail P/C leadership.
- Buyers
- Arthur J. Gallagher & Co.
- Targets
- Insurance by Ken Brown, Inc.
- Industry
- Insurance
- Location
- Florida, United States
- Transaction Type
- Buyout
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