Announced
Completed
Financials
Tags
Private
insurance products
Single Bidder
Majority
Acquisition
United States
Full Line Insurance
Friendly
Completed
Domestic
Synopsis
USI Insurance Services, an insurance brokerage and consulting firm, completed the acquisition of Associated Benefits & Risk Consulting, a multi-line insurance agency and Midwest-based consulting firm, from Associated Banc-Corp, a US regional bank holding company, for $266m. “We are thrilled to welcome the clients and talented professionals from ABRC to the USI family. Working together as ONE, I am confident our teams will bring tremendous experience and insights, with a shared commitment to delivering a different and better experience for our valued clients across the country,” Michael J. Sicard, USI Chairman and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.