Brown & Brown, Inc. completes acquisition of RSC Topco, enhancing its insurance solutions and global presence.
Quiver AI Summary
Brown & Brown, Inc. has announced the successful completion of its acquisition of RSC Topco, Inc., which operates as Accession Risk Management Group, Inc. This acquisition marks a significant expansion for Brown & Brown, a prominent insurance brokerage firm with over 700 locations and more than 23,000 employees. The company aims to enhance its ability to provide innovative and tailored insurance solutions to its clients. For further details, the company provided contact information for its CFO and Director of Communications.
Potential Positives
- Brown & Brown, Inc. has successfully completed the acquisition of RSC Topco, Inc., indicating a strategic expansion in its operations.
- The acquisition enhances Brown & Brown's capabilities in delivering comprehensive and customized insurance solutions, potentially increasing its market share.
- With the addition of Accession Risk Management Group, Inc., Brown & Brown strengthens its specialization and expertise in the insurance brokerage sector.
- The company emphasizes its commitment to innovation and scalable strategies, which may improve customer satisfaction and operational efficiency.
Potential Negatives
- Completion of the acquisition may lead to integration challenges, potentially diverting focus and resources from core operations.
- Acquisitions often come with financial risks, including potential debt, which could impact the company's financial stability if not managed well.
- There may be market skepticism regarding the strategic fit of the acquired company and the effectiveness of the integration process.
FAQ
What does the acquisition of RSC Topco mean for Brown & Brown, Inc.?
The acquisition enhances Brown & Brown's capabilities in delivering innovative insurance solutions and strategies for growth.
When was the acquisition of RSC Topco completed?
The acquisition was completed on August 1, 2025.
Who should I contact for investor inquiries regarding Brown & Brown?
Investors can reach out to R. Andrew Watts, Chief Financial Officer, at (386) 239-5770.
How does Brown & Brown support its customers?
Brown & Brown provides comprehensive, customized insurance solutions and innovative strategies tailored to customer needs.
What is the primary focus of Accession Risk Management Group, Inc.?
Accession Risk Management Group, Inc. specializes in delivering risk management services as part of the Brown & Brown portfolio.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BRO Congressional Stock Trading
Members of Congress have traded $BRO stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $BRO stock by members of Congress over the last 6 months:
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 03/20 and 0 sales.
- REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 02/10, 02/06, 02/05.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$BRO Hedge Fund Activity
We have seen 454 institutional investors add shares of $BRO stock to their portfolio, and 408 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PARNASSUS INVESTMENTS, LLC added 7,227,805 shares (+inf%) to their portfolio in Q1 2025, for an estimated $899,138,942
- CAPITAL WORLD INVESTORS added 4,069,273 shares (+97.0%) to their portfolio in Q1 2025, for an estimated $506,217,561
- SELECT EQUITY GROUP, L.P. removed 1,704,535 shares (-21.4%) from their portfolio in Q1 2025, for an estimated $212,044,154
- FIRST TRUST ADVISORS LP removed 1,693,872 shares (-72.1%) from their portfolio in Q1 2025, for an estimated $210,717,676
- MORGAN STANLEY removed 1,174,686 shares (-13.7%) from their portfolio in Q1 2025, for an estimated $146,130,938
- GAMMA INVESTING LLC removed 1,103,823 shares (-99.2%) from their portfolio in Q2 2025, for an estimated $122,380,856
- PROFICIO CAPITAL PARTNERS LLC removed 1,098,089 shares (-99.0%) from their portfolio in Q1 2025, for an estimated $136,602,271
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BRO Analyst Ratings
Wall Street analysts have issued reports on $BRO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Underperform" rating on 07/31/2025
- BMO Capital issued a "Outperform" rating on 07/30/2025
- Wells Fargo issued a "Overweight" rating on 07/30/2025
- B of A Securities issued a "Buy" rating on 07/30/2025
- Truist Securities issued a "Buy" rating on 04/30/2025
To track analyst ratings and price targets for $BRO, check out Quiver Quantitative's $BRO forecast page.
$BRO Price Targets
Multiple analysts have issued price targets for $BRO recently. We have seen 10 analysts offer price targets for $BRO in the last 6 months, with a median target of $114.0.
Here are some recent targets:
- Meyer Shields from Keefe, Bruyette & Woods set a target price of $87.0 on 07/31/2025
- Michael Zaremski from BMO Capital set a target price of $106.0 on 07/30/2025
- Elyse Greenspan from Wells Fargo set a target price of $104.0 on 07/30/2025
- Joshua Shanker from B of A Securities set a target price of $130.0 on 07/30/2025
- Alex Scott from Barclays set a target price of $108.0 on 07/29/2025
- Robert Cox from Goldman Sachs set a target price of $119.0 on 05/13/2025
- Mark Hughes from Truist Securities set a target price of $130.0 on 04/30/2025
Full Release
DAYTONA BEACH, Fla., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of RSC Topco, Inc. (“RSC” or “Accession”), the holding company for Accession Risk Management Group, Inc.
Brown & Brown, Inc. is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of more than 23,000 professionals, following the acquisition of Accession, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.
For more information:
Investors
R. Andrew Watts
Chief Financial Officer
(386) 239-5770
Media
Jenny Goco
Director of Communications
(386) 333-6066
