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Brown & Brown specialty unit buys wholesaler

Posted On: Apr. 14, 2021 12:21 PM CST

M&A

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.