Brown & Brown Dealer Services' buying push continued this month as it acquired its fourth company since late last year. The Daytona Beach, Fla., insurance brokerage firm on June 8 purchased "substantially all of the assets" of F&I products provider Profits Creation Corp. Terms of the deal were not released.
The companies bought by Brown & Brown in the past half year are a diverse bunch, especially geographically.
In mid-December, Brown & Brown said it had acquired Dealer Admin Services of Bloomington, Minn., which offers aftermarket products to dealers. This was followed one day later by the acquisition announcement of Rainmaker Advisory, a reinsurance planning company in Ventura, Calif.