Brown & Brown completes $86.7mn BdB deal in Q3
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Brown & Brown completes $86.7mn BdB deal in Q3

Brown & Brown Ft Lauderdale FL .jpg

Brown & Brown has completed the $86.7mn deal to buy European wholesaler BdB in Q3, making it the broker’s third-largest acquisition this year.

The transaction amounted to $75.3mn in cash paid plus $11.4mn in recorded earn-out payable, according to the broker’s Q3 10-Q filed last week with the SEC.


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