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Stock impact report

Brown & Brown, Inc. Announces the Asset Acquisition of Donald P. Pipino Company, LTD

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., Feb. 15, 2019 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Mary T. Pipino, the principal of Donald P. Pipino Company, LTD, today announced that Beecher Carlson Insurance Services, LLC, a subsidiary of Brown & Brown, Inc. (Beecher Carlson), has acquired certain assets of Donald P. Pipino Company (Pipino). Pipino has roots dating back to 1952 and was founded by Mary Pipino’s late father, Donald P. Pipino.  The firm specializes in providing risk management solutions to customers in the commercial real estate industry, including malls and shopping centers, and offers a wide range of property and casualty insurance products and services.  The portion of the Pipino operations acquired in the transaction has annual revenues of approximately $11 million.  Following the acquisition, the Pipino team will continue doing business from their existing Boardman, Ohio, Indianapolis, Indiana, and Tampa, Florida locations Show less Read more
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