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BRP Group, Inc. Announces Inducement Grants in Connection with New Partnerships

BRP Group, Inc. Announces Inducement Grants in Connection with New Partnerships
BRP Group, Inc. Announces Inducement Grants in Connection with New Partnerships
TAMPA, Fla., Jan. 04, 2021 BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced grants (each a “Grant”) of restricted shares of the Company’s Class A Common Stock to certain new employees that the Board of Directors (the “Board”) of the Company previously approved in connection with the Partnerships, BRP Group’s nomenclature for strategic acquisitions, with (i) Armfield, Harrison & Thomas, Inc. (“AHT”), (ii) Burnham Benefits Insurance Services, Inc. and Burnham Gibson Wealth Advisors, Inc. (collectively, “Burnham”) and (iii) Tanner, Ballew & Maloof, Inc. (“TBM”). The Grants were issued on January 1, 2021 pursuant to the Company’s Partnership Inducement Award ....

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Burnham Benefits in California Acquired by BRP Group

Burnham Benefits in California Acquired by BRP Group
December 10, 2020
Irvine, Calif.-based Burnham Benefits Insurance Services Inc., Burnham Gibson Wealth Advisors, Inc., and Burnham Risk and Insurance Solutions LLC has been acquired by Baldwyn Krystyn Sherman Partners LLC.
Burnham will a middle-market indirect subsidiary of BRP Group Inc. (NASDAQ: BRP). The deal is expected to close Dec. 31 and is subject to certain closing conditions.
With annual revenues of roughly $52.61 million, Burnham represents one of the largest partnerships in BRP Group’s history. Burnham President and CEO Kristen Allison will serve as regional president, and BGWA President Darin Gibson and BRIS COO Sara Owens will serve as managing partners within BRP Group’s middle-market operating group. Following this partnership, Burnham will maintain its brand and operate as “Burnham – A Baldwin Risk Partner.” ....

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