Brown & Brown To Acquire Buiten & Associates

8/13/20

DAYTONA BEACH, Fla., Aug. 13, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Paul S. Buiten, the majority owner of Buiten & Associates, LLC, today announced that Brown & Brown of Michigan, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Buiten & Associates.

Since 1935, Buiten & Associates has provided a wide variety of insurance products and services to businesses and individuals throughout Michigan. Following the acquisition, the Buiten & Associates team will continue operating from their existing office in Grand Rapids, Michigan, under the leadership of Paul Buiten.

Todd Piersol, who oversees various Brown & Brown retail offices in Michigan and Wisconsin, stated, “Over the years, Buiten & Associates has distinguished itself as one of the premier independent agencies in Michigan. We are excited to join forces with this high-quality group as we continue to grow our Michigan footprint.”

Tommy Huval, a Regional President in Brown & Brown’s Retail Segment, added, “Throughout the process, we’ve been highly impressed by the leadership, expertise, and strong work ethic within the Buiten & Associates team. We feel honored they’ve chosen to join our organization and look forward to growing together in the coming years.”

Paul Buiten stated, “After a lengthy search process, we concluded that Brown & Brown was the best cultural and strategic fit for our agency. We are excited to leverage Brown & Brown’s capabilities and relationships to better serve our customers and believe the transaction positions our team well for future growth and success.”

Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With more than 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.

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