Brown & Brown Dealer Services Acquires Automotive Business Solutions (ABS)
December 8, 2023
Brown & Brown Dealer Services, a division of Brown & Brown, Inc., has completed the acquisition of Automotive Business Solutions (ABS), which operates as ABS Risk, LLC and ABS Operations, LLC. ABS, a Denver-based administrator of automotive aftermarket warranty products and claims, will continue to be led by CEO Michael Cox and will integrate with Brown & Brown’s Dealer Services to expand automotive F&I and warranty capabilities.
- Buyers
- Brown & Brown Dealer Services (Brown & Brown, Inc.)
- Targets
- Automotive Business Solutions (ABS Risk, LLC and ABS Operations, LLC)
- Sellers
- Michael Cox, Craig Sanford
- Industry
- Insurance
- Location
- Colorado, United States
- Transaction Type
- Buyout
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