On the Record · Brown & Brown
Brown & Brown acquisitions, on the record
The businesses Brown & Brown bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
sold businesses (Retail segment sale of businesses)Word for word“The Company performed an evaluation to determine if the sold businesses should be reported as 5 discontinued operations.” 10-K for 2023 | divestiture | — | — |
32 acquisitions (individual businesses not named in the excerpt)Word for word“In 2024, we expanded our team by nearly 1,000 teammates through 32 acquisitions.” 10-K for 2024 | acquisition | In 2024 | — |
sold businesses (not named in the excerpt)Word for word“The Company performed an evaluation to determine if the sold businesses should be reported as discontinued operations.” 10-K for 2024 | divestiture | — | — |
RSC Topco, Inc.Word for word“In conjunction with the acquisition of RSC, the holding company for Accession Risk Management Group, Inc., in the third quarter of 2025, the Company realigned its business from three to two segments.” 10-K for 2025 | acquisition | in the third quarter of 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $122.6 million | $93.4 million |
| 2017-12-31 | $41.5 million | $42.2 million |
| 2018-12-31 | $923.9 million | $717.7 million |
| 2019-12-31 | $353 million | $328.5 million |
| 2020-12-31 | $694.8 million | $648.1 million |
| 2021-12-31 | $366.8 million | $350 million |
| 2022-12-31 | $1.93 billion | $1.99 billion |
| 2023-12-31 | $631 million | $621 million |
| 2024-12-31 | $890 million | $698 million |
| 2025-12-31 | $7.85 billion | $6.89 billion |
Deal filings since 2016
- 2026-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-07-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Brown & Brown’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.