New York-based insurance broker USI Holdings has acquired the New Jersey operation of Kinloch Holdings Inc.
The unit, based in West Orange, New Jersey, specializes in commercial property casualty and employee benefits insurance for middle-market businesses and is expected to contribute approximately $5.1 million in revenues to USI on an annual basis.
Terms of the deal were not disclosed.
__
Source: USI Holdings
Topics Mergers & Acquisitions New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Uber and FedEx Get Green Light for Racketeering Suit Against Lawyers, Doctors 
Florida, Louisiana Insurer Safepoint Reveals 97% Revenue Surge in IPO filing 
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
