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Stock impact report

Brown & Brown, Inc. Announces the Asset Acquisition of FNI Management Group

Brown & Brown, Inc. (BRO) 
Last brown & brown, inc. earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: brown.edu
Company Research Source: GlobeNewswire
DAYTONA BEACH, Fla., Oct. 08, 2018 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Howard Brinn and Mike Mitchell, the principals of FNI Management Group (“FNI”), today announced that Brown & Brown of Kentucky, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of FNI.  With over 60 years of combined experience, Howard Brinn and Mike Mitchell have served their dealer clients by providing F&I products and training to enhance dealer financial performance in the Chicagoland market. FNI has annual revenues of approximately $1.5 million. Howard and Mike will become part of the Brown & Brown auto, RV and powersports practice, working with the Automotive Development Group team. The entire practice operates under the leadership of Mike Neal, President of Brown & Brown of Kentucky, Inc. Mike Neal stated, “Howard and Mike have a wealth of experience in the automotive dealership market in the greater C Show less Read more
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