National insurance broker Brown & Brown has acquired the assets of Mavum Consulting, LLC and Mavum Risk Management, LLC of Indianapolis.
With annualized revenues of approximately $1.3 million, Mavum Consulting and Mavum Risk Management provide insurance products and services to businesses and individuals throughout the greater Indianapolis metropolitan area.
Mavum Consulting and Mavum Risk Management’s employees will relocate to Brown & Brown of Indiana’s existing Indianapolis office, under the leadership of Fred McClaine.
Rod Reasen, the founder and owner of the Mavum companies, will assist in the transition of the acquired operations to Brown & Brown.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’ 
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
