M&A Deal Summary

USI Insurance Services Acquires Carolina First Associates

On February 28, 2017, USI Insurance Services acquired insurance company Carolina First Associates

Acquisition Highlights
  • This is USI Insurance Services’ 62nd transaction in the Insurance sector.
  • This is USI Insurance Services’ 68th transaction in the United States.
  • This is USI Insurance Services’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2017-02-28
Target Carolina First Associates
Sector Insurance
Buyer(s) USI Insurance Services
Deal Type Add-on Acquisition

Target

Carolina First Associates

Hickory, North Carolina, United States
Carolina First Associates LLC is a provider of insurance and employee benefits consulting services to the business community. Carolina First Associates LLC was established in 1980 and is headquartered in Hickory, North Carolina.

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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 68 of 93
Sector (Insurance) 62 of 82
Type (Add-on Acquisition) 50 of 71
State (North Carolina) 1 of 2
Country (United States) 68 of 93
Year (2017) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 Accelerated Benefits

Dublin, Ohio, United States

Accelerated Benefits is a provider of accessible employee benefit consultation to employers and employees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Cameron M. Harris

Charlotte, North Carolina, United States

Cameron M. Harris & Co. is an independent agency representing more than fifty insurance companies. Cameron provides clients with personal and commercial coverage, business services, surety bonding, employee benefits and group products. Cameron M. Harris & Co. was established in 1979 and is headquartered in Charlotte, North Carolina.

Buy -
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