Brown & Joseph Acquires Johnson & Rountree Premium

Brown & Brown Agrees to Acquire Accession Risk Management Group via RSC Topco

June 10, 2025

Financial Services

Brown & Brown, Inc. has entered into an agreement to acquire RSC Topco, Inc. (RSC), the holding company for Accession Risk Management Group. The transaction is valued at a gross purchase price of $9.825 billion and is expected to close in the third quarter of 2025, subject to customary closing conditions and regulatory approvals.

Meduit Acquires JP Recovery Services (JPRS)

December 5, 2022

Healthcare Services

Meduit, a Charlotte-based healthcare revenue cycle solutions company, announced that JP Recovery Services (JPRS) has joined the Meduit organization. The merger adds JPRS’s accounts receivable management, billing and extended business office capabilities to Meduit’s suite of RCM services; JPRS owners John Beirne and John Murray are transitioning into consulting roles ahead of retirement.

Brown & Brown Acquires Piper Jordan (Asset Acquisition)

May 17, 2021

Insurance

Brown & Brown, Inc. has acquired substantially all of the assets of Piper Jordan, an employee benefits advisory firm. Piper Jordan principals Robyn Piper and Jay Jordan will continue with the business (Robyn will lead the team from offices in Las Vegas and San Diego) as part of Brown & Brown's benefits advisory capabilities to expand its national account presence.

Incline Equity Partners Acquires Brown & Joseph from LaSalle Capital

June 27, 2019

Financial Services

Pittsburgh-based private equity firm Incline Equity Partners has acquired Brown & Joseph, a commercial accounts receivable management and collections firm headquartered in Itasca, Illinois. The transaction is a buyout of LaSalle Capital's portfolio company; Brown & Joseph's CEO Mark Schabel will remain in place and Incline plans to expand capabilities, enter new markets and pursue add-on acquisitions.

Brown & Brown Acquires Health Special Risk, Inc.

July 2, 2018

Insurance

Brown & Brown, Inc. has acquired Health Special Risk, Inc. (HSR), a managing general underwriter (MGU) and third-party administrator (TPA) specializing in special risk and accident & health insurance. HSR will continue operating from its Texas and Minnesota offices with principals Tom Lenihan (President) and Phil Munson (Executive VP) remaining in leadership roles under Brown & Brown’s American Specialty unit.

Brown & Brown Acquires Certain Assets of BayRisk Insurance Brokers

January 12, 2016

Insurance

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.