Brown & Brown (BRO) Unit Acquires Assets of Kane Partners
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J. Scott Penny, Regional President & Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO), and Robert "Rob" F. Fitzpatrick and Fred V. Leone, the shareholders of Kane Partners, Inc., located in Mamaroneck, New York, today announced that Brown & Brown of Connecticut, Inc., a subsidiary of Brown & Brown, Inc., has acquired certain assets of Kane Partners, Inc.
Founded in 2003, Kane Partners has combined annual revenues of approximately $1.2 million. The company provides a wide range of employee benefits-related services, including brokerage and consulting services, to clients in the northeastern United States and Florida. Mr. Fitzpatrick, Mr. Leone, and their staff will join Brown & Brown of Connecticut's offices in Rocky Hill, Connecticut, under the leadership of Donald M. "Don" McGowan, Jr.
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Founded in 2003, Kane Partners has combined annual revenues of approximately $1.2 million. The company provides a wide range of employee benefits-related services, including brokerage and consulting services, to clients in the northeastern United States and Florida. Mr. Fitzpatrick, Mr. Leone, and their staff will join Brown & Brown of Connecticut's offices in Rocky Hill, Connecticut, under the leadership of Donald M. "Don" McGowan, Jr.
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