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Brown & Brown Inc Enters Into Agreement To Acquire Beecher Carlson Holdings Inc.


Tuesday, 21 May 2013 01:00pm EDT 

Brown & Brown Inc announced that it has entered into a merger agreement to acquire Beecher Carlson Holdings, Inc. (Beecher Carlson), an insurance and risk management broker with operations that include retail brokerage, program management and captive management, from Austin Ventures, FSPM and a group of individual employee and non-employee equityholders. The transaction is expected to close in July of 2013 and is subject to customary closing conditions, including regulatory approval. The transaction will be a cash acquisition and is not subject to financing conditions. 

Company Quote

32.62
0.11 +0.34%
4:05pm EDT