Brown & Brown makes asset acquisition of New York firm

Brown & Brown Inc.'s Brown & Brown of Connecticut Inc. unit has acquired certain assets of Mamaroneck, N.Y.-based Kane Partners Inc., Daytona Beach, Fla.-based Brown & Brown announced Wednesday.

In a statement announcing the move, Brown & Brown said that Kane Partners has combined annual revenues of approximately $1.2 million. It said the company “provides a wide range of employee benefits-related services, including brokerage and consulting services, to clients in the northeastern United States and Florida.”

Kane Partners shareholders—Robert F. Fitzpatrick and Fred V. Leone--and their staff will join Brown & Brown of Connecticut's offices in Rocky Hill, Conn., under the leadership of Donald M. McGowan, Jr.