BRIARCLIFF MANOR, NY, December 27, 2012 - USI Insurance Services (“USI”) today announced the completion of its acquisition by Onex Corporation (“Onex”) (TSX: OCX), one of the oldest and most successful private equity firms, for approximately $2.3 billion. At closing, a considerable investment was made from USI employees. Onex, Onex Partners III and USI employees own 100% of the Company. Read more
BRIARCLIFF MANOR, NY, January 9, 2013 - USI Insurance Services LLC ("USI") today announced the closing of the acquisition of Pediatrics Insurance Consultants ("PIC") based in Chicago, IL. PIC is the insurance member benefits broker, marketer and administrator for the American Academy of Pediatrics ("AAP"). PIC will become a part of USI Affinity, a division of USI Insurance Services, its affinity business unit. Terms of the transaction were not disclosed. Read more