Dowling Hales Acted as Exclusive Financial Advisor to Servco Pacific Inc., in its Proposed Sale of Servco Pacific Insurance to Brown & Brown, Brown & Brown, Inc. and Servco Pacific Inc. have entered into an agreement whereby Brown & Brown agrees to acquire Servco Pacific Insurance operations (“SPI”), a wholly owned subsidiary of Servco Pacific Inc. Dowling Hales acted as the exclusive financial advisor to SPI, and the parties anticipate completing the transaction within the next thirty days.Founded in 1971, SPI is a privately-held multi-line insurance brokerage firm with significant operations in Hawaii and the Pacific Northwest. SPI is Hawaii’s second largest independent insurance broker and the largest marine insurance broker on the West Coast. The company offers a suite of insurance solutions including commercial and personal P&C, employee benefits and accident & health, and has multiple specialties including marine, aviation, construction, and professional liability. Servco Pacific Inc., SPI’s parent company, is Hawaii’s largest for-profit private business, with over 2,000 employees globally and was founded in 1919 by the Fukunaga family.