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New Deal


Announced

Completed

KKR completed a $1bn investment in USI Insurance Services.

Financials

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Transaction Value£802m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Private Equity

Friendly

insurance brokerage

United States

Insurance Brokers

Domestic

Minority

Completed

Single Bidder

Synopsis

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KKR, an investment company, completed a $1bn investment in USI Insurance Services, a risk management, employee benefits and retirement consulting company. “When we embarked on our journey with KKR and CDPQ, we shared a vision about the forces impacting our industry and a plan for USI to be a leading innovator in that transformation, combining world-class sponsorship and investment with our team of experts, differentiated solutions and technology. The power of this strategic partnership has exceeded our expectations, and we are thrilled to be continuing our journey with the support of our long-term shareholders," Michael Sicard, USI Chairman and CEO.

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