Brown & Brown Acquires ADM Marketing Group and ADM Insurance Services

1/4/21

DAYTONA BEACH, Fla., Jan. 04, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Harold (Howie) E. Haldeman, the owner of ADM Marketing Group, Inc. and its affiliate ADM Insurance Services, Ltd., today announced that Brown & Brown Dealer Services (BBDS) has acquired substantially all of the assets of ADM.

Founded in 1987, ADM is an independent sales and service organization providing F&I products and sales support to automotive and powersport dealers in the Northeast and Mid-Atlantic. Following the transaction, the ADM team will continue doing business from their existing location in Camp Hill, Pennsylvania, and will become part of BBDS, which operates under the leadership of Mike Neal.

Mr. Neal stated, “Howie and his team have built one of the leading F&I operations in the area by leveraging their full-service product offerings and outstanding service to cultivate a uniquely loyal dealership customer base. This transaction represents an exciting opportunity to continue growing our BBDS operations, and we are delighted to welcome the talented ADM team aboard.”

Mr. Haldeman stated, “I would like to thank our dedicated team for their hard work and our valued dealer customers for their continued support. We are extremely proud of what our organization has accomplished over the years and believe the best is yet to come. By combining forces with a large, national organization like BBDS, we’re enabling our customers to benefit from broader resources and more diverse product offerings, and also opening the door to new opportunities and growth potential for our team.”

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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