M&A Deal Summary

USI Insurance Services Acquires Benefits 7

On April 18, 2022, USI Insurance Services acquired insurance company Benefits 7

Acquisition Highlights
  • This is USI Insurance Services’ 79th transaction in the Insurance sector.
  • This is USI Insurance Services’ 90th transaction in the United States.
  • This is USI Insurance Services’ 4th transaction in Indiana.

M&A Deal Summary
Date 2022-04-18
Target Benefits 7
Sector Insurance
Buyer(s) USI Insurance Services
Deal Type Add-on Acquisition

Target

Benefits 7

Vincennes, Indiana, United States
Benefits 7 is a provider of employee benefits in the Midwest and the company's main focus is to offer world-class services to clients, while also building strong, lasting relationships. Benefits 7 was founded in 1987 and is headquartered in Vincennes, Indiana.

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Buyer(S) 1

Buyer

USI Insurance Services

Valhalla, New York, United States
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 90 of 93
Sector (Insurance) 79 of 82
Type (Add-on Acquisition) 68 of 71
State (Indiana) 4 of 4
Country (United States) 90 of 93
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 D&H Risk Services

Longview, Texas, United States

D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals throughout Texas. D&H Risk Services was established in 1936 and is based in Longview, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-16 Ames Grenz Insurance

Sacramento, California, United States

Ames Grenz Insurance is a provider of insurance services and products with an emphasis on the life and disability insurance market. Ames Grenz Insurance expanded its portfolio of products to include a wide range of health benefits to better serve the needs of clients. Ames Grenz Insurance was established in 1971 and is based in Sacramento, California.

Buy -
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