Daytona Beach, Fla.-based brokerage Brown & Brown Inc. announced the asset acquisition of Powers Agency Inc., based in Clarkston, Mich.
The Powers Agency, with annualized revenues of about $1 million, is a general commercial, personal lines and employee benefits insurance agency which serves a broad spectrum of clients throughout Michigan.
Jim Powers and his staff will continue to serve clients at their current Clarkston location, with Steve Randall, of Brown & Brown’s Flint, Mich., office, acting as profit center manager.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida Bills Would Open Door to More Housing in the Everglades, Brownfields 
Insurify’s Founders Discuss Evolution of Insurance Shopping With AI 
Georgia Teacher Killed When Toilet Paper Prank by Students Goes Wrong 
Indiana Church Not Owed Replacement-Cost Payment for Fire Damage 
