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Risk Management

Brown & Brown specialty unit buys wholesaler

Gavin Souter

April 14, 2021 Reprints

Brown & Brown Agents & Brokers Mergers & Acquisitions More + Less -

Bridge Specialty Group, a unit of Brown & Brown Inc., has bought Metuchen, New Jersey-based wholesaler Leon Silver Associates LLC, the companies announced Wednesday.

Terms of the deal were not disclosed.

Leon Silver, which has about a dozen employees, according to its website, will become part of Bridge’s Morstan General Agency in Woodbridge, New Jersey, the statement said.

Brown & Brown formed Bridge earlier this year to house its wholesale units.