Brown & Brown, Inc. announces the acquisition of Finance Builders Inc….

Brown & Brown, Inc. announces the acquisition of Finance Builders Inc….

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DAYTONA BEACH, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. BROTHERSand Donald (Don) J. Ellis, owners of Finance Builders Inc. (“Finance Builders”), announced today that Brown & Brown Dealer Services (“BBDS”) has acquired substantially all of Finance Builders’ assets.

Finance Builders is an independent sales and services organization providing R&I products and sales support to automotive dealerships primarily in Connecticut and Massachusetts. After the transaction, Finance Builders’ operations will become part of BBDS, which will operate under the direction of Mike Neal.

Mike said, “Finance Builders have built long-lasting relationships with their merchant customers based on their strong industry and product knowledge, as well as their commitment to providing excellent service. This is another high quality acquisition for our BBDS operations and we are excited for continued growth in Connecticut and Massachusetts in the years to come.”

Don said: “The Finance Builders team is excited to join and work with the expanding team at Brown & Brown Dealer Services. Our customers will benefit from the broader resources and more diverse product offerings that BBDS offers, and we look forward to many new opportunities. Brown & Brown continues to select winners in the R&I industry and we are proud to join the BBDS group.”

About Brown & Brown, Inc.

Brown & Brown, Inc. BROTHERS is a leading insurance brokerage firm providing risk management solutions to individuals and businesses since 1939. With over 14,500 teammates in over 450 locations worldwide, we are committed to providing innovative strategies to protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com.

This press release may contain certain statements regarding future results that are forward-looking statements, including those related to this acquisition. These statements are…

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