M&A Deal Summary

USI Insurance Services Acquires Best Insurance

On February 17, 2016, USI Insurance Services acquired insurance company Best Insurance

Acquisition Highlights
  • This is USI Insurance Services’ 53rd transaction in the Insurance sector.
  • This is USI Insurance Services’ 59th transaction in the United States.
  • This is USI Insurance Services’ 5th transaction in Florida.

M&A Deal Summary

Date 2016-02-17
Target Best Insurance
Sector Insurance
Buyer(s) USI Insurance Services
Deal Type Add-on Acquisition

Target

Best Insurance

Tamarac, Florida, United States
Best Insurance is a provider of personal insurance products, including homeowners, automobile, motorcycle, boat and watercraft.

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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 59 of 93
Sector: Insurance 53 of 82
Type: Add-on Acquisition 44 of 71
State: Florida 5 of 5
Country: United States 59 of 93
Year: 2016 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-15 Healthcare Liability Solutions

Houston, Texas, United States

Healthcare Liability Solutions, Inc. is a property and casualty brokerage firm dedicated to customizing insurance programs for healthcare organizations and providers specializing in professional liability insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 Forrest Sherer Insurance

Terre Haute, Indiana, United States

Forrest Sherer Insurance, Inc. is a provider of property-casualty, employee benefits and personal risk services.

Buy -