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Brown & Brown continues acquisition streak with MAJ
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Sid Vance, the owner of MAJ Companies Ltd. ("MAJ"), announced on Wednesday, December 9, 2020, that Brown & Brown Dealer Services ("BBDS") has acquired substantially all of the assets of MAJ.
For the past 30 years, MAJ Companies has been serving its dealer partners by providing best in class F&I product and sales training, aftermarket program and contract analysis and F&I performance management. Sid Vance will lead the MAJ team as part of Brown & Brown Dealer Services, which operates under the leadership of Mike Neal.
Mike stated, "Sid and the MAJ team have been working together for over 30 years. That experience will enhance the continued growth of BBDS in Ohio and the Midwest. BBDS and MAJ will continue to work with Mike Jardina, the founder of MAJ, who is a recognized industry leader in F&I reinsurance strategies for dealer partners. We are excited to have Sid and his team join BBDS."
Earlier in the year, Mike said that "Every acquisition we make in this space certainly provides more responsibility for our folks in our Columbia office, where all of the Point of Sale Call Center business and the commercial Insurance is marketed and serviced for the dealer space."
2020 Acquisitions by Brown & Brown:
This story was posted on 2020-12-11 08:38:33
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