M&A Deal Summary

USI Insurance Services Acquires U.S. Risk Insurance Group

On February 12, 2019, USI Insurance Services acquired insurance company U.S. Risk Insurance Group

Acquisition Highlights
  • This is USI Insurance Services’ 68th transaction in the Insurance sector.
  • This is USI Insurance Services’ 77th transaction in the United States.
  • This is USI Insurance Services’ 6th transaction in Texas.

M&A Deal Summary
Date 2019-02-12
Target U.S. Risk Insurance Group
Sector Insurance
Buyer(s) USI Insurance Services
Deal Type Add-on Acquisition
Advisor(s) Sandler O'Neill + Partners LP (Financial)
Ropes & Gray (Legal)

Target

U.S. Risk Insurance Group

Dallas, Texas, United States
website
U. S. Risk Insurance Group, Inc. is a specialty line underwriting manager and wholesale broker. U.S. Risk Insurance Group is headquartered in Dallas, TX.

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Buyer(S) 1

Buyer

USI Insurance Services

Valhalla, New York, United States

website

Category Company
Founded 1994
Sector Insurance
DESCRIPTION

USI Insurance Services is a provider of a fully integrated distribution of general and specialty property and casualty insurance and financial services such as employee benefits outsourcing and related consulting. USI Insurance Services was founded in 1994 and is based in Valhalla, New York.

DEAL STATS #
Overall 77 of 92
Sector (Insurance) 68 of 81
Type (Add-on Acquisition) 56 of 70
State (Texas) 6 of 8
Country (United States) 77 of 92
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 The Gaudreau Group

Wilbraham, Massachusetts, United States

The Gaudreau Group, Inc. is a commercial insurance, employee benefits, personal risk and financial services firm insuring more than 6,000 businesses and families across 14 states. The Gaudreau Group was founded in 1921 and is based in Wilbraham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-20 Chernoff Diamond

Uniondale, New York, United States

Chernoff Diamond & Co., LLC is a benefits and risk management consulting firm. Chernoff Diamond benefits consulting services are designed to provide specialized advisory support in the areas of health and welfare, retirement and estate trust planning. Chernoff Diamond & Co., LLC was founded in 1975 and is based in Uniondale, New York.

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Mergr

Product

Company

Legal