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Brown & Brown Insurance acquires two new companies
By Wes Feese, Marketing/PR Specialist
Mike Neal, President of Brown & Brown Insurance headquartered in Columbia, KY, announces the acquisition of two new companies - Auto Care Essentials, and Vehicle Administrative Services. The news releases follow:
DAYTONA BEACH, Fla., (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and James (Jim) E. Bright, the principal owner of Bright & Associates, Inc. and its affiliate Auto Care Essentials, LLC (collectively, Bright & Associates), today announced that Brown & Brown Dealer Services (BBDS) has acquired substantially all of the assets of Bright & Associates.
Bright & Associates is an independent sales and service organization providing F&I products and sales support to the automotive, marine, power sport, and RV markets since 1977.
The firm also markets paint and fabric protection products and services through its Auto Care Essentials business. Following the transaction, the Bright & Associates operations will continue doing business from their existing location in St. Louis, Missouri, and will become part of BBDS, which operates under the leadership of Mike Neal.
Mr. Neal stated, "We're excited to continue expanding our BBDS footprint with the addition of Jim Bright and his experienced team. Over the years, they've developed a strong reputation for their proactive approach to offering superior products and services to their customers throughout Missouri and Illinois, and we're pleased to welcome them to our team."
Jim Bright stated, "My father, Don 'Chick' Bright, entered the automobile business 43 years ago. He was the kickstarter, the foundation in building integrity in our business, and a steadfast leader to many. 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.
DAYTONA BEACH, Fla., Oct. 12, 2020 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the acquisition of Vehicle Administrative Services, LP, SafeRide Motor Club, Inc. and related affiliates (collectively, "VAS") by Brown & Brown, Inc.
Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses.
With more than 80 years of proven success and thousands of teammates, Brown & Brown offers knowledge you can trust and strive to deliver superior customer service. For more information, visit bbinsurance.com.
This story was posted on 2020-10-14 04:37:01
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