The Investor
10 Jun 2025, 18:26
Brown & Brown to Acquire Accession Risk Management Group for $9.825 Billion
Brown & Brown has announced a definitive agreement to acquire RSC Topco, the holding company for Accession Risk Management Group, in a cash and debt-free deal valued at $9.825 billion. Accession owns Risk Strategies and One80 Intermediaries, which collectively generated approximately $1.7 billion in 2024 adjusted revenue. The acquisition, expected to close in Q3 2025 pending regulatory approvals, will enhance Brown & Brown’s retail and specialty distribution capabilities and is anticipated to be accretive to its adjusted 2024 net income per share.
Brown & Brown has announced a definitive agreement to acquire RSC Topco, the holding company for Accession Risk Management Group, in a cash and debt-free deal valued at $9.825 billion. Accession owns Risk Strategies and One80 Intermediaries, which collectively generated approximately $1.7 billion in 2024 adjusted revenue. The acquisition, expected to close in Q3 2025 pending regulatory approvals, will enhance Brown & Brown’s retail and specialty distribution capabilities and is anticipated to be accretive to its adjusted 2024 net income per share.