Florida’s Brown & Brown Inc. and C. Douglas Wilson Company Inc. announced Brown & Brown’s asset acquisition of C. Douglas Wilson Company, Life & Health Consultants Inc., and Burnett-Bates Agency Inc. The transaction is effective October 1, 2002.
C. Douglas Wilson Company was founded in 1928 by members of the Wilson family and purchased by John Burnett in 1986. Specializing in providing insurance for auto dealerships, manufacturing concerns and aviation interests, the agency serves clients in the Greenville area and throughout South Carolina. Together with Life & Health Consultants and Burnett-Bates Agency, the agencies have combined revenues of approximately $2 million. John Burnett, David Rich and their staff will be joining Brown & Brown, and will remain in their current location.
Jim Henderson, who is responsible for Brown & Brown’s South Carolina operations, noted, “We are very pleased to have this team of established, highly regarded, insurance professionals join our team. These agencies represent an exceptional addition to our South Carolina operations and bring us broadened expertise in several important areas.”
Topics Mergers & Acquisitions
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