Tampa insurance firm makes largest deal this year
June 15, 2021 - Baldwin Krystyn Sherman Partners and Millennial Specialty Insurance have agreed to buy substantially all assets of RogersGray, Breakwater Brokerage, and Monomoy Insurance Group. The three firms, collectively known as RogersGray, are based in South Dennis, Massachusetts and have annual revenue of about $38.8 million, a news release said. They provide commercial lines, personal lines and employee benefits insurance services to large and mid-sized companies and individuals. It's the largest deal so far this year for BRP Group (Nasdaq: BRP), the Tampa-based parent company of Baldwin Krystyn Sherman and Millennial. The deal is expected to close July 1.