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Broker Scoops Up Benefits Firm

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Brown & Brown Inc. has acquired Benefit Development Group Inc.

Benefit Development, Malvern, Pa., generates $1 million in annual revenue by selling employee benefits to employers in the Delaware Valley region.

Matt Mink and Charles Pires, the owners of the firm, and firm employees will combine their operations with that of Doyle Consulting Group, a Brown & Brown subsidiary in Philadelphia, according to Brown & Brown, Daytona Beach, Fla.