J. Scott Penny, chief acquisitions officer of Brown & Brown, and Randy Crisorio, the owner of United Development Systems (UDS), have announced that Brown & Brown of Kentucky has acquired substantially all of the assets of UDS.
Since its founding in 1982, UDS has been a leader in F&I performance and compliance management for auto dealers in Florida and the Southeast. The UDS team will become part of Brown & Brown Dealer Services, which operates under the leadership of Mike Neal, president of Brown & Brown of Kentucky.
“Randy, along with his sons Jeff and Brian, has established UDS as an industry recognized leader in F&I training,” said Neal. “The UDS team gives us an established presence in Florida and the Southeast. Also, the UDS training and technology resources will enhance our national platform to service our dealer partners across the country. We are excited about what our new UDS teammates bring to Brown & Brown Dealer Services.”
“On behalf of the entire UDS team, we are excited to join and collaborate with the expanding Brown & Brown Dealer Services group,” said Crisorio. “Brown & Brown continues to pick winners placing the team at the spear of the F&I industry delivering dominant performance for dealer customers. This union expands our footprint and product offerings making Brown & Brown an excellent choice for franchise dealers.”
