USI acquisition News

USI Completes Acquisition of Wells Fargo Commercial Insurance Business

USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting, employee benefits and property/casualty insurance national practices of …

KKR and Canadian Pension Fund to Acquire Insurance Broker USI in $4.3 Billion Deal

Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt. The deal is the latest in a string …