DAYTONA BEACH, Fla. — J. Scott Penny, chief acquisitions officer of Brown & Brown Inc., and Randy Crisorio, the owner of United Development Systems Inc., announced that Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of UDS.
Since its founding by Crisorio in 1982, UDS has been a leader in the F&I performance and compliance management segment, particularly among auto dealers in Florida and the Southeast. Crisorio and the UDS team have been recognized by the F&I industry over multiple years, including a record-long stretch of top honors in the F&I Training category in the annual Dealers’ Choice Awards.
Executives said the UDS team, which includes vice presidents Jeff Crisorio and Brian Crisorio, will become part of Brown & Brown Dealer Services, which operates under the leadership of Mike Neal, president of Brown & Brown of Kentucky Inc.
“Randy, along with his sons Jeff and Brian, has established UDS as an industry recognized leader in F&I training,” Neal said. “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,” Randy Crisorio said. “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.”
Originally posted on F&I and Showroom
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