J. Scott Penny, chief acquisitions officer of Brown & Brown, and Phil and Pamela Bruno, the owners of Northeast Dealer Consultants, have announced that Brown & Brown of Kentucky, Inc., has acquired substantially all of the assets of NEDC.
A purchase price was not disclosed.
NEDC assists its dealer clients with F&I performance and compliance management in New York and surrounding states. Phil Bruno has more than 25 years of experience in the automotive and power sport industries.
NEDC will become part of Brown & Brown Dealer Services, which operates under the leadership of Mike Neal, president of Brown & Brown of Kentucky.
“Phil brings a wealth of experience in F&I performance and products for his dealer partners,” said Neal. “NEDC will provide Brown & Brown Dealer Services with an enhanced footprint in upstate New York. We are excited for Phil to join with our team in Massachusetts as we continue to build out our presence in the northeast.”
“As the president of NEDC, my primary focus has been to do what is right for my clients,” said Phil Bruno. “Brown & Brown shares the same focus. Pam and I look forward to continuing to serve our dealers and grow as part of such a great company.”
For more information, please visit bbinsurance.com.