USI Completes Buy of N.Y.’s Armitage

USI Holdings Corp. has completed the acquisition of Jericho, N.Y.-based Armitage & Co., which sells property/casualty and surety products in the New York metropolitan area. Armitage will be combined with USI’s existing Woodbury, N.Y. location and is expected to contribute approximately $2.5 million of revenues to USI on an annual basis.

Source: USI Holdings Corporation
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