Brown & Brown, Inc. acquired Substantially all of the assets of Corporate Insurance Advisors, L.L.C for $29.5 million.
Brown & Brown, Inc. (NYSE:BRO) completed the acquisition of Substantially all of the assets of Corporate Insurance Advisors, L.L.C. for $29.5 million on December 1, 2021. Out of the total consideration, $15.3 million was paid in cash, $0.18 million in other payables while $14 million was potential earnout payments.