Brown & Brown Inc. unit Brown & Brown of Kentucky Inc. has acquired substantially all of the assets of Automotive Development Group LLC.
Automotive Development is a Bloomington, Minn.-based performance improvement company providing finance and insurance training and auto warranty and related products for auto dealer clients across the U.S. The company has annual revenues of approximately $11 million.
Automotive Development's team will become part of the Brown & Brown auto, RV and powersports practice as part of the deal.