Brown & Brown, Inc. Announces the Acquisition of Certain Assets of Compass Consulting Group (BRO)

J. Scott Penny, Regional President and Chief Acquisitions Officer of Brown & Brown, Inc. BRO and President of Brown & Brown of Washington, Inc., and Kevin M. Werlinger and David J. Libao, principals of Compass Consulting Group, located in Seattle, Washington, today announced that Brown & Brown of Washington, Inc., a subsidiary of Brown & Brown, Inc., has acquired certain assets of Compass Consulting Group, in particular, the books of business serviced by Messrs. Werlinger and Libao. The acquired books of business, with aggregate annualized revenues of approximately $1.0 million, consist primarily of employee benefits products and services offered to businesses and individuals throughout the greater Seattle metropolitan area. Kevin Werlinger, David Libao and other Compass Consulting Group employees join Brown & Brown of Washington's existing Seattle profit center.