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New Deal


Announced

USI Insurance to acquire Alfred J. Davis Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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insurance agency

Acquisition

Friendly

United States

Majority

Single Bidder

Insurance Brokers

Private

Pending

Synopsis

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USI Insurance, a provider of insurance brokerage and risk management, agreed to acquire Alfred J. Davis Company, a Portland, Oregon-based insurance agency. Financial terms were not disclosed. “Since our founding, it has been our mission to provide our clients with exceptional service and personalized coverage solutions. With this acquisition, our valued clients will continue to enjoy the exceptional service they have come to expect from our agency, along with expanded access to USI's best-in-class solutions, customized through proprietary analytics, local and national resources, and team-based planning. We look forward to helping expand USI's footprint in Oregon and the greater Northwest region.” Dick Davis, Alfred J. Davis Company President.

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