Brown & Brown Acquires Certain Assets of BayRisk Insurance Brokers
January 12, 2016
Brown & Brown Insurance Services of California, a subsidiary of Brown & Brown, Inc., acquired certain assets of BayRisk Insurance Brokers, Inc., a California-based insurance agency. The asset purchase strengthens Brown & Brown's presence in California and adds BayRisk's specialty property & casualty programs (including mobile food vendor coverage) to Brown & Brown's offerings.
- Buyers
- Brown & Brown Insurance Services of California, Inc., Brown & Brown, Inc.
- Targets
- BayRisk Insurance Brokers, Inc.
- Sellers
- BayRisk Insurance Brokers, Inc., Denton L. Christner, H. Scott Kerns, Kevin M. Milroy
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Buyout
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