M&A Deal Summary

USI Insurance Services Acquires Lynch Beretta & Bucci

On June 13, 2012, USI Insurance Services acquired insurance company Lynch Beretta & Bucci

Acquisition Highlights
  • This is USI Insurance Services’ 27th transaction in the Insurance sector.
  • This is USI Insurance Services’ 30th transaction in the United States.
  • This is USI Insurance Services’ 3rd transaction in Rhode Island.

M&A Deal Summary

Date 2012-06-13
Target Lynch Beretta & Bucci
Sector Insurance
Buyer(s) USI Insurance Services
Deal Type Add-on Acquisition

Target

Lynch Beretta & Bucci

Pawtucket,, Rhode Island, United States
Lynch Beretta & Bucci LLP, a property and casualty insurance agency, that specializes in a wide range of personal lines, commercial lines and specialty products, including Rhode Island contractors and restaurant insurance.

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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 30 of 93
Sector (Insurance) 27 of 82
Type (Add-on Acquisition) 23 of 71
State (Rhode Island) 3 of 3
Country (United States) 30 of 93
Year (2012) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-31 Impact Benefit Management Services

Roswell,, Georgia, United States

Impact Benefit Management Services delivers benefits administration, employee communications and plan management services for brokers, insurance carriers and employers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-24 Kelly Insurance Brokerage

New York,, New York, United States

Kelly Insurance Brokerage offers a full range of employee benefits and consulting services, including financial analysis, government compliance, benefit plan design and development, and account management services.

Buy -