Brown & Brown Acquires the Assets of CHAPP, Inc. and Citrus Insurance Services, Inc.

April 3, 2024

Brown & Brown, Inc. has acquired the assets of CHAPP, Inc. and Citrus Insurance Services, Inc., two family‑owned Florida insurance agencies that specialize in agricultural risk management. The CHAPP/Citrus team will join Brown & Brown's Lakeland and Sebring offices as the firms integrate to expand Brown & Brown’s agricultural insurance capabilities and presence in Florida; the sellers are Bucky and Cindy Payne.

Buyers
Brown & Brown, Inc.
Targets
CHAPP, Inc., Citrus Insurance Services, Inc.
Sellers
Bucky Payne, Cindy Payne
Industry
Insurance
Location
Florida, United States
Transaction Type
Buyout

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