Brown & Brown, Inc. Announces the Asset Acquisition of Lambert, Riddle, Schimmel & Company
Brown & Brown, Inc. (BRO)
Last brown & brown, inc. earnings: 4/27 05:00 pm
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brown.edu
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Source: GlobeNewswire
DAYTONA BEACH, Fla., Feb. 06, 2019 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Jim Riddle and Tom Schimmel, the shareholders of Lambert, Riddle, Schimmel & Company (“LRS&C”), today announced that Brown & Brown Insurance Agency of Virginia, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of LRS&C. LRS&C traces its roots back to July 1917 in Virginia and Washington, DC. The firm provides a wide variety of personal and business insurance products and services to clients in the Mid-Atlantic Region. LRS&C’s annualized revenue is approximately $1,600,000. Following the acquisition, the LRS&C team will join Brown & Brown’s existing Manassas, Virginia office and will operate under the leadership of Bill Strachan. Mr. Strachan, President of Brown & Brown Insurance Agency of Virginia, Inc. stated, “Tom and Jim have carried on the legacy of client service that was established for the LRS
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BRO
Earnings
- 4/22/24 - Beat
BRO
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 10-Q
- 4/22/24 - Form 8-K
- BRO's page on the SEC website