Brown & Brown acquires group employee benefits division of Roussel & Associates
Tue. September 01, 2009; Posted: 03:12 PM
Sep 01, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
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PowerRating -- Brown & Brown, Inc. (formerly Poe & Brown, Inc.), through its subsidiary, has acquired the group employee benefits division of Roussel & Associates, LLC, a financial services agency.
Brown & Brown is a diversified insurance brokerage agency. Both the companies are based in the US.
Deal Type Acquisition
Sub-Category Asset Purchase
Deal Status Completed: 2009-08-31
Deal Participants
Target (Company) Roussel & Associates, LLC - Group Employee Benefits Division
Acquirer (Company) Brown & Brown, Inc. (formerly Poe & Brown, Inc.)
Vendor (Company) Roussel & Associates, LLC
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