Announced
Financials
Sources
Tags
United States
risk management
insurance brokerage
Private
Single Bidder
Acquisition
Insurance Brokers
Pending
Friendly
Majority
Synopsis
USI Insurance Services, a provider of insurance brokerage and risk management, to acquire Scheetz, Hogan, Freeman & Phillips, a South Carolina-based insurance agency. Financial terms were not disclosed. “We are thrilled to welcome Ron and the experienced professionals from Scheetz, Hogan, Freeman & Phillips to the USI family. By partnering as one, we look forward to serving our current and future clients throughout the Carolinas with the USI ONE Advantage®, a unique platform that delivers innovative risk management and employee benefit solutions with bottom-line financial impact,” James W. Dunn, USI Midsouth regional CEO.
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