Brown & Brown Acquires Tire Shield To Expand Dealer Services In Automotive And RV Protection Markets; No Financial Terms Disclosed
Benzinga · 3d ago
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J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark N. Otto, the owner of Tire Shield, Inc. ("Tire Shield"), today announced that Brown & Brown Dealer Services ("BBDS") has acquired the assets of Tire Shield.
Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive and Power Sports Industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS's administrative services.
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