Brown & Brown of Kentucky, a subsidiary of Brown & Brown, has acquired substantially all of the assets of F&I Resources, the company recently stated.
F&I Resources was founded in 1993 and is a leader in F&I performance management for auto dealers in the Northeast and Mid-Atlantic states. F&I Resources provides F&I sales training and auto-related warranty products for its dealer partners and has annual revenues of about $10.5 million.
The F&I Resources team will become part of the Brown & Brown auto, RV and powersports practice, which operates under the leadership of Mike Neal, president of Brown & Brown of Kentucky.
“Jason and Bob have grown F&I Resources to be a best-in-class operation delivering sales performance training and warranty insurance products for their dealer partners,” said Neal. “The F&I Resources team will provide additional expertise to our growing platform in this space and establish a base for operations in the Northeast. We are confident that this will complement and enhance our existing operations.”
“I could not be more excited to become a part of Brown & Brown and their sales culture,” said Jason Bayko, a principal of F&I Resources. “We are now well positioned to grow by having access to additional insurance products, giving us a unique value proposition for our dealer partners.”
