Brown & Brown Acquires BdB Limited Insurance Operating Companies
February 7, 2022
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.
- Buyers
- Brown & Brown, Inc.
- Targets
- BdB (UK) Limited, BdB Limited, BdB Europe SRL, Mithras Underwriting Limited, Mithras Underwriting Europe SRL, Mithras Underwriting Italia SRL
- Industry
- Insurance
- Location
- United Kingdom
- Transaction Type
- Buyout
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