BRP Group, Inc. Announces Acquisitions of AgencyRM and VibrantUSA
The Baldwin Insurance Group, Inc. - Class A (BRP)
Last the baldwin insurance group, inc. - class a earnings: 3/24 04:10 pm
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Source: GlobeNewswire
TAMPA, Fla., Feb. 03, 2020 (GLOBE NEWSWIRE) -- BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that BRP Medicare Insurance III, LLC, a subsidiary of BRP Group operating as Florida Medicare Options (“BRP Medicare”), has acquired substantially all assets of AgencyRM LLC (“AgencyRM”), a Bulverde, Texas-based independent, full-service Field Marketing Organization. AgencyRM offers a range of technology, sales and marketing support enabling their agents to provide information and access to senior health products for individual clients. AgencyRM has annual revenue of approximately $7.0 million. The Company also announced that BRP Medicare has acquired substantially all assets of VibrantUSA, Inc. (“VibrantUSA”), a Vancouver, Washington-based independent insurance firm affiliated with AgencyRM representing more than 30 regional and national insurance companies to
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