secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K/A
Filed at:   2025-10-09T23:59:59+00:00
Accession:  0001193125-25-234708
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown & Brown completes RSC acquisition on August 1, 2025; posts audited and unaudited financials of RSC
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- RSC reported Q1 2025 total revenues of $430.6M, up 18% YoY from $364.6M.
- RSC Q1 2025 net loss $97.3M (vs $63.4M loss Q1 2024) on $110.7M interest expense.
- As of March 31, 2025: RSC total assets $7.22B, total debt $4.64B, shareholders' deficit $327M.
- Pro forma combined financial statements filed, giving effect to transaction as of January 1, 2024.
- Purchase agreement obligations fair value at March 31, 2025: $407.3M; $168.6M paid in Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000119312525234708/0001193125-25-234708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000119312525234708/bro-20250801.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-234708

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer