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New Deal


Announced

Completed

Brown & Brown completed the acquisition of Bright & Associates.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Friendly

Majority

Single Bidder

Management Consulting

Domestic

Completed

sales

Acquisition

United States

Private

Synopsis

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Brown & Brown, an insurance brokerage firm, completed the acquisition of Bright & Associates, an independent sales and service organization. Financial terms were not disclosed. “We learned to work hard and to do what is right. Brown & Brown’s core values are in lockstep with ours at Bright & Associates. Their integrity is the driving force, a natural fit, and a winning combination. With the addition of more resources, innovations, strength, and stability, we believe BBDS will provide enhanced benefits, products, and services for every one of our customers," Jim Bright, Bright & Associates Founder.

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