10 June 2025 | 4:58PM EDT Brown & Brown Inc. (BRO) Announces $10bn Deal to Acquire Accession Risk Management Group BRO 12m Price Target: $119.00 Price: $105.49 Upside: 12.8% BRO announced (6/10/2025) the signing of a definitive agreement to acquire Accession Risk Management Group (Accession) for a total consideration of $9.825bn ($9.225bn after giving effect to a $600mn deferred tax asset) at the time of close, representing a ~15.7x multiple on Accession 2024 adjusted EBITDAC, or ~12x after giving effect to ...

DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (“Brown & Brown” or the “Company”) today announced the pricing of its public offering of 39,215,686 shares of its common stock (the “common stock”), par value $0.10 per share, at a price to the public of $102.00 per share, for an aggregate offering amount of $4 billion. The offering is expected to close on June 12, 2025, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the ...

Key Takeaways BRO leverages strategic acquisitions to capture market opportunities, completing 687 acquisitions since 1993. BRO's diverse business model and operational expertise support robust liquidity position. BRO has raised dividends for 30 consecutive years, with a 5-year CAGR of 8.7%.Shares of Brown & Brown, Inc. (BRO) have gained 20.4% in the past year, underperforming its industry and the Finance sector’s growth of 23.4% and 20.7%, respectively. It however, outperformed the Zacks S&P 500 composit ...

Brown & Brown to Acquire RSC June 10, 2025 Information Regarding Forward Looking Statements This presentation contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws. You can identify these statements by forward-looking words such as "may," "will," "should," "expect," "anticipate," "believe," "intend," "estimate," "plan" and ...

Brown & Brown (BRO) M&A Announcement June 10, 2025 08:00 AM ET Speaker0 Good morning, welcome to the call regarding Brown and Brown Inc. Acquisition of RSC Topco Inc, the holding company for Excess and Risk Management Group. Today's call is being recorded. Please note that certain information discussed during this call, including information contained in the slide presentation posted in connection with this call and including answers given in response to your questions, may relate to future results and even ...

DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE: BRO), and John Mina, chief executive officer of Accession Risk Management Group, Inc. (“Accession”), today announced that Brown & Brown has entered into an agreement to acquire RSC Topco, Inc. (“RSC”), the holding company for Accession. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions and regulatory approvals. Under the term ...

Albert Anthony is a Croatian-American media personality and Analyst for financial media platforms Investing.com and Seeking Alpha, where he has grown over +1K followers since 2023. Writing general markets commentary and opinion as The Analyst, he has covered over +200 companies in multiple sectors, with a focus on dividend stocks. The author grew up in the NYC area and has also called home Austin Texas and his parents' native Croatia, where he took part in many business/innovation conferences as a business ...

A month has gone by since the last earnings report for Brown & Brown (BRO) . Shares have added about 3.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Brown & Brown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turn ...

InsurTech leader recognized the brokerage with its Agency Impact Leader AwardDENVER, May 14, 2025 /PRNewswire/ -- Vertafore®, the leader in modern insurance technology, recognized Brown & Brown with its 2025 Agency Impact Leader Award during the InsurTech leader's annual user conference, Accelerate, powered by NetVU.The award honors the brokerage for exemplifying what it means to lead with purpose and scale by making decisions that are setting the pace for the insurance industry's future.Brown & Brown, Inc. ...

DAYTONA BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Timothy Parkman, owner of Tim Parkman, Inc. (“TPI”), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of TPI. Established in 2002, TPI is a full-service wholesale insurance brokerage located in Clinton, Mississippi. TPI was founded with a mission to provide all customers with consistently superior service wh ...