Brown & Brown To Acquire Accession Risk Management Group For $9.83 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Acquisition Details: Brown & Brown Inc. has agreed to acquire RSC Topco Inc., the parent company of Accession Risk Management Group, for $9.825 billion in cash, with the deal expected to close in Q3 2025. This merger will integrate major firms into Brown & Brown's operations, enhancing its specialty market access and North American presence.
Strategic Impact: The acquisition aims to strengthen customer relationships and drive long-term growth, while also being financially beneficial for Brown & Brown's earnings per share in 2024. It positions the company to expand its niche insurance solutions and improve collaboration with carrier partners.
Analyst Views on KIE
Wall Street analysts forecast KIE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KIE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 58.510
Low
Averages
High
Current: 58.510
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
