Brown & Brown of Louisiana is expanding its footprint in the state, acquiring the assets of Houma-based insurer Lapeyre, Staples & Robichaux. Terms of the deal were not disclosed. Lapeyre, Staples and Robichaux has provided employee benefits insurance for more than 20 years and has annual net revenues of roughly $2 million. Founders Chris Lapeyre, Ken Staples and Eldridge Robichaux will continue to operate from the Houma office under the direction of Tommy Huval, Brown & Brown’s regional president.
Read the entire statement from Brown & Brown here.